PwC, the largest provider of audit and professional services in the UK, has announced the relocation of their offices to the be part of the growing life science sector in South West Wales.
The firm will now base its Swansea office at the pioneering Institute of Life Science (ILS) on the Singelton Health Campus as part of the ARCH Programme’s “MediPark” initiative.
Mark Ellis, senior partner for PwC Swansea,said: “This is an exciting time for us. We are all impressed by the buzz and atmosphere of the ILS and the university facilities. This location brings great opportunities for our people and our clients and we’re looking forward to getting to know the teams already here.
“We are committed to supporting growth in the Welsh economy and our new Swansea office is part of our commitment to this region. We work with clients across a range of sectors and industries, including life sciences, which we see as one of the key growth areas not only for Wales but for the UK and globally.
“We would like to thank Welsh Government for all its assistance in helping us to locate our new premises”
Swansea University has joined forces with Hywel Dda and ABMU health boards to create the ARCH Programme.
ARCH (A Regional Collaboration for Health) is bringing together the health service with the research and innovation capabilities at Swansea University to develop a new model based on collaboration to create a healthcare system fit for the 21st Century. It also aims to drive investment and create jobs to boost the economy of South West Wales and skill up the next generation of doctors, health staff, academics and innovators.
An ARCH spokeswoman said: “We are delighted PwC recognises the opportunity the Singleton MediPark presents to not only the public sector, but the private sector too.
“Swansea University's Institute of Life Science (ILS), and ILS2 have already created new businesses with 800 highly skilled jobs over the past 10 years. ARCH aims to massively upscale this success, through the ILS “MediPark” concept, which will focus on science and technology. It will also respond to staff training needs, offering new opportunities like apprenticeships in healthcare. PwC is founded on a culture of partnership which fits perfectly with ARCH’s ethos to work together to make things better.”
Katharine Finn, regional leader for PwC in Wales and the West added: “Our regional business is the focus of significant investment for us as a firm, reflecting the growth and success of our clients.
“This move builds on recent investment in our South West Wales team with key promotions, additional dedicated resource at all grades and the recruitment of five new graduates.”
Swansea University’s Medical School ILS Executive Chairman and Dean of Management School, Professor Marc Clement, added: “We are delighted to welcome PwC. Their arrival absolutely strengthens the development of the regional Life Sciences and Health ecosystem here in Swansea and indeed South West Wales. Their global reach and expertise will help support inward-investing opportunities.”
PwC’s relocation has been supported by ILS and the Swansea Council, retaining and developing high value employment in the region, demonstrating the wide economic impact potential of the ARCH Programme.
Welsh Government has also welcomed the move by PwC to the MediPark at Singleton, as the ARCH partners aim to capitalise on the potential for growth in Wales’s already vibrant life sciences sector saying: “PwC has seen significant growth in Wales with around 300 staff in its Cardiff and Swansea offices. In working with PwC, Welsh Government has been able to support the firm to exploit the infrastructure and talent pool that the region has to offer, both in life sciences and its wider financial and professional services operations in Wales.
“With 140,000 people already employed in the financial and professional services sector in Wales, PwC is one of a number of businesses investing and growing their regional operations in Wales including Eversheds and Legal and General.”
- Thursday 28 January 2016 13.37 GMT
- Thursday 28 January 2016 13.47 GMT
- Emma Turner