Business advisory firm KPMG UK is set to relocate its Nottingham office, next year, to the University of Nottingham’s new Castle Meadow Campus as part of its long-term regional growth strategy.
KPMG UK’s Nottingham office supports businesses in the East Midlands with audit, tax, consulting and advisory services across a wide range of sectors – both private and public. The firm’s office, currently located on Park Row, Nottingham, hosts over 200 employees, who will move to a dedicated office at the university’s new campus, situated at the foot of the city’s historically significant Nottingham Castle.
The move strengthens the existing strategic partnership between KPMG UK and the university; and bringing a local business into the academic hub will provide an exciting opportunity to create a professional learning and working environment for staff and students. Bringing the daily business activity of the firm into the university environment will also unlock new opportunities for talent and skill development, shared facilities and services – including hospitality and conferencing – as well as the experience of a university-business connected environment.
Marc Abrams, Senior office partner at KPMG UK’s Nottingham office said: “This is an exciting time for KPMG in the East Midlands as we embark on the next stage of our relationship with the university. The decision to locate within the university in the city centre reinforces KPMG’s investment in the East Midlands and our ambition to expand and enhance staff experience by providing new facilities.
“With this move our clients will benefit from greater collaboration on research and innovation projects between KPMG and the university, enabling us to deliver enhanced data driven outcomes for their businesses.”
Castle Meadow Campus is the university’s next-generation landmark investment currently in development. The new campus will enable the university to have a greater physical presence in the city centre, bringing opportunitiesfor final year and postgraduate students studying professional practice-based courses, as well as supporting jobs, investment, and growth for the city.
Margaret Monckton, Chief Financial Officer at the University of Nottingham, said: “We are delighted to welcome KPMG into our university community. Our Castle Meadow Campus will enhance opportunities for collaboration with local business, industry and small businesses, making it easier for partners to seamlessly engage with us and develop long-term, mutually beneficial relationships, and make a positive difference for the city, while offering the best of facilities for staff and students. KPMG is a foundational partner in this exciting new venture for the university.”
Justine Andrew, head of the University Partnership office at KPMG UK added: “The first year of our partnership has already unlocked some exciting projects for us, the university, our clients and the region. Being located within the university’s campus will be a new step for us as we look to collaborate on talent, product development and innovation. We see the Nottingham partnership playing an increasingly important role in supporting new and innovative ways of working across the UK. The move is a hugely exciting chapter for us.”
Professor John Gathergood, Associate Pro-Vice Chancellor for Research and Knowledge Exchange in the Faculty of Social Sciences at the University of Nottingham, said: “We are thrilled to enter this unique co-location relationship with KPMG which will benefit the research and innovation activity in both organisations. Campus co-location promises new ways of working and innovating, bringing university and business talent in partnership to promote research and innovation for financial inclusivity and social good.”
The relocation announcement comes shortly after the first anniversary of KPMG UK’s strategic partnership with the University of Nottingham, a partnership which drives insight for clients and supports the economic growth agenda across the East Midlands. The move allows an additional exciting opportunity for collaboration across fintech, talent and research-based client solutions.