UK economic growth has been revised up to 0.9% for the second quarter of the year by the Office for National Statistics (ONS), compared with a previous estimate of 0.8%.
First Minister the Rt. Hon. Peter D. Robinson MLA and the deputy First Minister Martin McGuinness MLA have announced that PricewaterhouseCoopers (PwC) is creating 807 new jobs.
The global financial and professional services firm is expanding through two projects, representing an investment of over £40 million. A new financial advisory service called My Financepartner will create 303 jobs, while the second project is the establishment of PwC Augment, a 504-strong staff augmentation team.
Announcing the investment the First Minister Peter Robinson said: “Today’s £40million announcement by PricewaterhouseCoopers (PwC) is a tremendous boost to the Northern Ireland economy and is another significant vote of confidence in Northern Ireland’s talent and attractive business environment.
Enterprise, Trade and Investment Minister, Arlene Foster said: “These two significant projects could have gone elsewhere but were secured for Northern Ireland by the hard work of Invest NI and because PwC recognises the high calibre of graduates available here. Companies like PwC are key players in driving Northern Ireland’s continued economic growth.”
Invest Northern Ireland has supported the projects and has offered combined assistance of £4,435,080, including training support, which will deliver annual salaries of over £16million to the local economy.
The project will recruit more than 500 graduates over the next five years, with graduates given high-level training across a number of business areas before being placed on client projects. Graduates will earn a competitive reward package including accommodation and subsistence whilst on assignment.
HOW CAN BUSINESS FIRST NETWORK HELP TO GROW YOUR BUSINESS AND BECOME A KEY PLAYER IN THE NORTHERN IRELAND ECONOMY?
Being a part of Business First Network can put you in touch with key players in the UK business community and help you to make the vital connections you need to grow your business not only in Northern Ireland but all across the UK.
Business First Network will be hosting a number of events through out the year and next to allow all of it’s member’s come together and share business hints and tips. These events are good way to make important connections in the UK and Northern Ireland business sector.
- See more here.