Deloitte sees North West annual revenues rise by 13%

Andy Westbrook

Accountancy giant Deloitte has seen annual net revenue in the North West rise by 13% for the year ending May 31, 2021.

Group revenue for the year increased by four per cent to £4.5bn. Distributable profit increased by 14% to £590m.

The North West practice employs 959 people and this year announced 18 senior promotions – four partners and 14 directors

During the year Deloitte completed the move of the Manchester office to a 35,000 sq ft space in a WeWork central location.

There was also further development of the consulting practice in the North, with 50 roles created and a new graduate programme which attracted 12 graduates.

Also, there was significant investment in Deloitte’s Corporate Assurance Hub in the North West, targeted at businesses preparing for a transaction.

The North West team of Deloitte Real Estate team advised on more than £1bn worth of approved projects since March 2020.

And the North West team donated 300 laptops to its partner schools in Manchester and Liverpool as part of the 5 Million Futures social impact initiative.

Andy Westbrook, practice senior partner in the North West, said: “The growth we achieved over the last year is an outstanding result and testament to the investments we have made and the hard work of all of our people.

“I would like to reiterate the comments of our CEO and Senior Partner, Richard Houston, regarding our people, all of whom have shown the upmost resilience during these challenging times.

“They have all adapted to change and flexed their working to provide our clients with the best possible support and advice. The talent in the North West team is exceptional and I am proud of the strength and depth of expertise we have in the region.”

He added: “The firm continues to invest in the North West practice as evidenced by our new flexible and collaborative working space, the new roles created for Consulting North, 18 senior promotions, 64 new hires and 84 new graduates for the region.

“In addition to this, we have continued our work in the local community, with 120 volunteers delivering over 976 hours of language schools and employability workshops, alongside our fundraising activities.

“In the North West, we’ve also donated 300 laptops to our partner schools in Manchester, Whalley Range High School and St Peter’s RC School, and Holly Lodge Girls’ College in Liverpool.

“The North West is an important strategic location for the firm and our investment in people and services in the region is testament to that. As a practice we remain fully committed to supporting the local economy, businesses and the wider community here in the region.”

Richard Houston, Deloitte CEO and senior partner, said: “Our people and partners have shown incredible commitment in these challenging times. Their efforts have allowed us to adapt at pace to support the national response to COVID-19, contribute to our communities, and help clients navigate the disruption to markets, supply chains and the economy.

“This year we’ve seen exceptional demand for our digital transformation advice, services in supply chain, and debt advisory as clients looked for our support to overcome the impact of national lockdowns.

“Our highest profile project involved bringing together expertise from across our firm to help design the national testing programme – the largest diagnostics network in UK history. This capability has played a key part in the reopening of the UK economy after months of national restrictions.

“We have transformed our firm through acquisitions, invested in new technology, and expanded our alliances with world leading technology providers. We have also used our skills and resources to support schools, charities and social enterprises through the crisis.

“The UK is now in a decisive decade as it recovers from the pandemic. Our firm will play its part in addressing societal challenges from digital exclusion to the race to net zero as we help build an inclusive and sustainable recovery.”

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