MANCHESTER – A BOOM TOWN FOR NORTHERN CORPORATE TAX
Georgiana Head • 18 April 2007
While the North West’s wealth was built on its industrial manufacturing past, Manchester is now a centre for retail, financial services and of course sports and leisure. The city centre is unrecognisable from even 10 years ago, with deluxe stores such as Selfridge’s and modern architectural complexes like Urbis. The gentrification of this Victorian city has spread to areas such as the Lowry complex at Salford Quays or the American-style shopping experience at the Trafford Centre.
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I was very unsettled last week when one of my clients (a partner at a Top 20 firm) mentioned in passing that their firm were cutting the number of hires at graduate and school leaver level as a direct result of AI. The firm had come to the opinion that AI would soon be taking over the traditional tax work that would be given to trainees.