Business consulting services
Our business consulting services can help you improve your operational performance and productivity, adding value throughout your growth life cycle.
Business process solutions
We can help you identify, understand and manage potential risks to safeguard your business and comply with regulatory requirements.
Business risk services
The relationship between a company and its auditor has changed. Organisations must understand and manage risk and seek an appropriate balance between risk and opportunities.
As organisations become increasingly dependent on digital technology, the opportunities for cyber criminals continue to grow.
Forensic and investigation services
At Grant Thornton, we have a wealth of knowledge in forensic services and can support you with issues such as dispute resolution, fraud and insurance claims.
Mergers and acquisitions
Globalisation and company growth ambitions are driving an increase in M&A activity worldwide. We work with entrepreneurial businesses in the mid-market to help them assess the true commercial potential of their planned acquisition and understand how the purchase might serve their longer- term strategic goals.
Recovery and reorganisation
Workable solutions to maximise your value and deliver sustainable recovery
Transactional advisory services
We can support you throughout the transaction process – helping achieve the best possible outcome at the point of the transaction and in the longer term.
We provide a wide range of services to recovery and reorganisation professionals, companies and their stakeholders.
The International Financial Reporting Standards (IFRS) are a set of global accounting standards developed by the International Accounting Standards Board (IASB) for the preparation of public company financial statements. At Grant Thornton, our IFRS advisers can help you navigate the complexity of financial reporting from IFRS 1 to IFRS 17 and IAS 1 to IAS 41.
Audit quality monitoring
Having a robust process of quality control is one of the most effective ways to guarantee we deliver high-quality services to our clients.
Global audit technology
We apply our global audit methodology through an integrated set of software tools known as the Voyager suite.
Corporate and business tax
Our trusted teams can prepare corporate tax files and ruling requests, support you with deferrals, accounting procedures and legitimate tax benefits.
Direct international tax
Our teams have in-depth knowledge of the relationship between domestic and international tax laws.
Global mobility services
Through our global organisation of member firms, we support both companies and individuals, providing insightful solutions to minimise the tax burden for both parties.
Indirect international tax
Using our finely tuned local knowledge, teams from our global organisation of member firms help you understand and comply with often complex and time-consuming regulations.
Innovation and investment incentives
Dynamic businesses must continually innovate to maintain competitiveness, evolve and grow. Valuable tax reliefs are available to support innovative activities, irrespective of your tax profile.
Private client services
Our solutions include dealing with emigration and tax mitigation on the income and capital growth of overseas assets.
The laws surrounding transfer pricing are becoming ever more complex, as tax affairs of multinational companies are facing scrutiny from media, regulators and the public
Tax policies are constantly evolving and there are a number of complex changes on the horizon that could significantly affect your business.
Outsourcing Changes to the Outsourcing legislation, specifically when offshoringSignificant changes to the dynamic of the financial services sector in recent years have shifted the paradigms in how we work. The increased digitisation of the workforce, changes in business models, globalisation, and remote working capabilities have led to a new approach to the delivery of services.
Asset management Inflation and tax planningThe recent onset of rapid inflation is an unwelcome development that is having a widespread impact on US businesses and tax planning.
A successful process of regeneration over the last two decades has helped Manchester build on its history as a trading and manufacturing powerhouse. It has now become an important gateway for businesses looking to access not just the UK market, but also Europe and even North America.
“For some time, Manchester was hamstrung in a way by its industrial heritage and the fact that it was synonymous with the industrial revolution,” says Carl Williams, Grant Thornton UK partner. “The city was steeped in manufacturing, especially textiles, and the decline of that sector had a considerable impact.”
But the regeneration that has taken place in Manchester since the start of the century, under the leadership of Sir Howard Bernstein, chief executive of the city council, has been dramatic, Williams adds.
“Bringing the national broadcaster, the BBC, up from London to Media City in Salford has been a massive step forward, not just in terms of employment but also leisure and tourism, and property development,” he explains. “And the city has two hugely successful sports teams: Manchester United, who are a major global brand, and Manchester City who, under their new ownership have played a significant part in regenerating eastern suburbs like Ancoats and Beswick.
“The council has also been quite visionary in the way it has gone about marketing the city to international investors.”
Excellent international access
There are now a number of what Williams describes as world-class businesses that have decided to locate themselves in and around the city. “Siemens has a large presence here, for example,” he says, also noting that there are more private-equity firms in the city centre than anywhere in the UK outside London and there is a thriving professional services sector to help generate those deals.
To add to the attractions for foreign businesses, recent investment in the local airport has helped transform it into a regional hub. “You can now travel to most parts of the world direct,” Williams says. “And Airport City has been developed into a leading base for logistics and advanced manufacturing businesses.”
Manchester also offers easy access to London and the southeast of England – the capital is just two hours away by train. But it is a much more affordable area as far as property prices and the wider cost of living are concerned, he adds.
“Businesses based here also have access to a large population across the north-west and Yorkshire: that appeals in terms of the potential skills base, as well as the cost of that skills base.
“There is a lot to commend the lifestyle here as well: you’ve got some amazing countryside, and high-quality education on your doorstep.”
A springboard into Europe and the US
Some companies from India and China are using Manchester as a stepping stone into European markets and even into the likes of the United States and Canada, says Williams. “The UK is still seen as a strong market in a lot of areas – and it is clear that the recent decline in currency value has made it even more attractive to invest here. We can offer a fantastic opportunity in terms of return on capital and access to skills.”
The development of Media City has seen a rise in the number of businesses in that sector, while advanced manufacturing – the likes of aerospace components and graphene – play a major role in the local economy.
A great route into the UK for a diverse range of businesses
“There is also a thriving technology and startup scene that has grown out of the local universities and incubators like Alderley Science Park. But one of Manchester’s strengths is the diversity of its economy,” Williams explains.
Any business interested in setting up in Manchester should consider contacting the inward investment agency MIDAS, Williams says. The organisation has dedicated outreach teams for Indian and Chinese firms, for example, and a strong focus on helping businesses integrate into the local economy.
As Manchester reinvents itself, it is becoming even more attractive to businesses around the world looking to expand into the UK and other European markets. To find out more about establishing your business in the region, contact Carl Williams.
Manchester quick facts
- Location: North-west England, UK
- Time zone: GMT
- Population: 2.5 million in Greater Manchester
- GDP: US$138.7 billion (2018) 
- Industrial strengths: Advanced manufacturing, media, retail
- Growth sectors: Biotech, logistics
- Regional access: London 2hrs by train, 1hr by air; Paris 1h30 by air; Frankfurt 1h40m; New York 8h.