EY to create over 480 jobs in Belfast
EY (the rebranded Ernst and Young) will create nearly 500 jobs in Belfast with the establishment of a new business unit in the city.
The new unit will offer what EY calls “business advisory and assurance services” to foreign clients.
The 486 new jobs it will create will be rolled out over four years.
The decision to locate the business in Northern Ireland is a significant one, the company said. “Alternative global locations were considered by the company so securing these high quality jobs has been a real coup” said the Northern Ireland's Enterprise Minister Arlen Foster. “This announcement sends an unambiguous message to international investors to have confidence in Northern Ireland as a competitive location from which to grow their business.”
“This investment could have gone to a number of other locations and the decision to choose Belfast is based on the availability of a skilled, loyal and committed workforce and our robust infrastructure which provides reliable, high speed and cost effective connectivity” she added.
A cash injection from trade promotion body Invest NI – the Northern equivalent of IDA Ireland – also helped. Invest NI has committed £3.2m (€3.8m) to support the jobs.
The jobs will come in addition to EY’s normal recruiting requirements, which has seen 180 people join the auditing company in Northern Ireland and the Republic since last July.