ACCOUNTANCY AND CONSULTANCY firm EY has announced the creation of almost 500 jobs in Belfast.
Formerly Ernst and Young, the firm is to expand its operations in the city, forming a new unit “offering advisory and assurance services to clients outside of Northern Ireland”.
The expansion will result in 486 jobs, more than tripling its existing workforce in the city of 145.
Northern Ireland’s First Minister Peter Robinson called it “extremely positive news for Belfast… a real coup”, as the company had considered several other locations.
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.
All 486 jobs will come online over the next four years, with an expected boost to the economy of £19 million (€23 million).
“The roles will comprise of a mobile and static workforce, providing assurance and advisory services to EY’s UKI domestic and international client base,” the company said in a statement.
EY currently employs more than 175,000 employees across 150 countries, with global revenues worth $25.8 billion (€18.61 billion).