Overcast

Overcast

max temp: 14°C

min temp: 13°C

ESTD 1874 Search

Diversity is key to Norfolk and Suffolk’s business success says outgoing Norwich PwC boss

08:30 15 January 2014

Chris Maw and Andy Grimbly at PwC

Chris Maw and Andy Grimbly at PwC's new offices in Norwich. PHOTO BY SIMON FINLAY

Archant Norfolk

The region’s Top 100 firms have played a key role in driving the economy in both Norfolk and Suffolk helping the local economy.

shares

That was the view of Chris Maw, outgoing senior partner at the Norwich office of PwC.

Analysis of the current EDP Top listing of Norfolk and Suffolk’s leading firms shows that the energy sector enjoyed the biggest rate of growth both in turnover and jobs up about 24pc and 14pc respectively.

However, the financial sector still dominated the economic landscape largely through the dominance of insurance giant Aviva.

Mr Maw said Norfolk’s business landscape had changed a great deal in the 10 years since he first arrived at PwC’s Norwich office.

“The global economy has been through a pretty turbulent time from the highs of 2006 through to the worst recession in living memory. As I’ve commented a number of times in these pages over the last few years, Norfolk has certainly not been immune to the recession but our businesses have generally been more resilient than most.

“Our geographic position in the relatively prosperous South East region, the diversity of industries and sectors covered and our high proportion of privately owned businesses all account in some measure for this success. But perhaps less talked about (we all know Norfolk could shout about itself a little louder!) is the simple fact that great businesses and great business people drive the growth we continue to enjoy. A good place to start looking for the evidence of this is the ‘Top 100’ publication that we started producing through the EDP, with support from Mills and Reeve and other sponsors, not long after I joined the Norwich office.

“It sounds a bit like a sporting cliché but our region really has got strength in depth when it comes to highly performing businesses. At the top of the list have always been the likes of Aviva, Greene King, East of England Co-Op and Bernard Matthews but the rest of the list, and the hundreds more businesses just below them, still generating a turnover of £10m plus, all help to position Norfolk well.

“But it doesn’t stop there. There are thousands more small businesses and entrepreneurial individuals, some growing at incredible rates and all contributing to employment numbers, economic prosperity and the overall well-being of our communities. These businesses and the people that run them and work in them are the real reason the East continues to thrive.

“Like many before me who have been welcomed to Norfolk, once here it’s difficult to leave! The county will continue to be our home and while I take up a new position within PwC, I will be spending time here as well, not least my weekends.

“So I look forward to seeing how the Norwich Research Park continues to grow and attract new people and skills to the area that will in turn generate ambition and opportunity for future generations of the Norfolk workforce. I look forward to seeing how the businesses along our coastline continue to develop new technologies enabling us to produce energy in increasingly sustainable forms. I look forward to seeing how the vast range of food, drink and agriculture businesses continue to attract tourism to the region at one end of the scale and work to solve the problems of diminishing resources and world hunger on the other.

“And finally, although it’s not really good-bye, this article does give me the opportunity to thank the very many people who have made working for PwC in Norwich such a pleasure. The fantastic business community and public sector organisations, the local media, our colleagues in the professional services sector and, of course, my friends back at the office – thank you all.”

shares

1 comment

  • Thats ironic....PwC runs scared from diversity and it was positively discouraged it the Norwich office....thanks at least for causing me to have a good giggle this evening....

    Report this comment

    merrydancer

    Wednesday, January 15, 2014

State-backed Lloyds Bank reported a better-than-expected 21% rise in underlying profits to £2.18 billion for the first quarter.

State-backed Lloyds Banking Group has reported a better-than-expected 21% rise in underlying profits to £2.18 billion for the first quarter as it said it benefited from the improving economy.

Challs MD Graham Burchell

A drain cleaning products company celebrating its 25th anniversary is marking the milestone with new branding.

Isaacs on the Quay

The manager of a popular waterfront bar has moved to allay fears a new licensing application could mean an increase in late night noise.

Penny Teale is to convert part of her Orford General Store into two new flats.

A village shop owner has explained the reasons why she has had to downsize her store and will convert the rest of the building into apartments.

A decision by the European Court of Justice (ECJ) means that 3,200 ex-employees of Woolworths and 1,200 former staff at Ethel Austin will not receive any money.

Thousands of workers at high street stores which went out of business have lost a long battle for compensation.

Post-Christmas boost for BA’s owner

Thursday, April 30, 2015
The owner of British Airways has forecast a big jump in profits this year as it benefits from the

The owner of British Airways has posted a profit in the post-Christmas quarter for the first time since it acquired Spanish carrier Iberia in 2011.

Shell profits slump after oil slide

Thursday, April 30, 2015
Shell has been hit by the fall in oil prices.

Royal Dutch Shell has reported a 57% slump in first quarter profits after it was hit by the fall in oil and gas prices.

Solar farm. Library image.

Plans for a third solar farm in Wix have been given the green light by councillors.

Richard Turner said £70million in wages would be spent in Stowmarket if the business park was given the go-ahead.

Outline planning permission for a 29 hectare business site has been approved by Mid Suffolk District Council.

Royal Bank of Scotland  slumped to a loss of £446million in the first quarter.

State-backed Royal Bank of Scotland slumped to a loss of £446million in the first quarter, it revealed today.

Most read

Most commented

Topic pages