- January 7, 2015
- Posted by: Mark Drakeford AM
- Category: Cardiff West News
The First Minister announced the new jobs at the end of November ahead of a major UK Investment Summit at the Celtic Manor. The 700 new jobs are being supported by £3.5million of Welsh Government Repayable Business Finance.
Repayable Business Finance is available to help fund capital investment, job creation, research, development and innovation and certain eligible revenue projects such as diversification into new areas of activity.
Carwyn Jones said:
“It’s fantastic that through Welsh Government funding we’re supporting a major employer in Wales to create 700 new jobs outside London over the next five years.
“We’re looking to make Central Cardiff Enterprise Zone the location of choice for financial and professional services operations in the UK outside of London. The new jobs being created at Deloitte’s Centre of Excellence are as a result of demand amongst the banks, financial institutions and Life Sciences industries for services related to governance, risk and compliance and that’s to be welcomed.
“I hope that our significant investment in Deloitte will draw the attention of other international companies looking to invest in Wales. We’re becoming the first choice for businesses looking to expand their operations and we’re proud to be supporting business growth, strengthening and delivering for our economy.”
Ross Flanigan, director of Deloitte’s Cardiff Delivery Centre, said:
“Our firm has significant growth plans over the next few years, and the extensive expansion of business operations in Cardiff will enable our direct client-facing staff to spend much more time on their core work and developing their client relationships.
“The operation will work across our business nationally and internationally, but also has a great effect locally. We are offering stable employment and rewarding careers to people who might not have pursued our more traditional graduate and accountancy pathways. For example, we are developing apprenticeships and exploring participation in the Welsh Financial Services Graduate Programme. Overall, this expansion is great for Deloitte and a tremendous boost in opportunities for the local workforce.”