KPMG to shut Preston office

Big Four accountancy firm KPMG has announced the closure of its Preston office.

KPMGThe company’s Lancashire base at Edward Vll Quay, which has 75 staff, will shut its doors at the end of May.

In a statement today KPMG said that its offices in Manchester and Liverpool would provide “an operational base” for its staff working with clients in Lancashire and Cumbria.

And it added that the continued “evolution” towards remote and flexible working had played its part in the decision to close the Preston operation.

A KPMG spokesman said: “We have taken the decision not to renew our lease at Edward VII Quay in Preston, and as a result, will be closing the office at the end of May 2017.

“We remain deeply committed to supporting the business community both in Preston and across Lancashire and Cumbria, which together comprise an important centre for the North West economy, particularly in terms of the aerospace, energy, manufacturing and leisure sectors.

“However, the majority of our client-facing work across the region, particularly audit, is conducted at the premises of the businesses and organisations we support, rather than in a KPMG office.

“This evolution towards increased remote and flexible working, coupled with the fact that the lease on the premises is due to expire in early 2018, has led us to take the decision to close. “Our Manchester and Liverpool offices will provide an operational base for all our staff who work with clients across Lancashire and Cumbria, and we will work closely with them over the coming weeks to ensure a smooth transition to their new home office.”