One of the biggest accounting firms in the world has opened a new office in Watford.
PricewaterhouseCoopers (PwC) says it has confirmed its "commitment to supporting economic growth outside of London" after merging two teams into its new base at 40 Clarendon Road.
Bringing together employees from Uxbridge and St Albans, PwC says its new hub will provide services to clients and communities in Hertfordshire, Greater London, and other northern Home Counties.
A new 28,000 sq ft. space has been created that is fit for the future of work, providing a "first-class environment" for clients, colleagues and local communities.
More than 600 people will be based in the new Watford office, with plans to grow this further.
Kevin Ellis, chairman and senior partner at PwC UK, said: "It’s great to be opening a new office in Watford and shows the value we place on having a strong regional presence.
"The events of the last year have highlighted the importance of office life, alongside remote working, to best support our people, clients and communities. This hub will ensure the best of both worlds.
"This new office complements our other investments across the UK, which include new offices in Leeds, Manchester, Bradford and Birmingham.
"We will continue to invest and develop our workforce across the UK, creating inclusive employment and training opportunities for people from all backgrounds."
Caroline Bevan, PwC Watford Market senior partner, added: "I’m really excited for us to be joining Watford’s business community through our new office at 40 Clarendon Road.
"This premier location will provide an exceptional base for us to connect with our phenomenal clients, communities and people from across our wide reaching geography.
"While the traditional office model may have been transformed as a result of the pandemic, we firmly believe there is still a place for local offices, allowing teams the opportunity to collaborate with colleagues and clients, and to focus on local economies.
"We remain committed to recruiting local talent and continuing to diversify our skills and capabilities."
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