RMT Accountants & Business Advisors is increasing its investment in West Northumberland with a move into Hexham town centre.
The Newcastle-headquartered firm is set to open a new office on Gilesgate as it looks to further increase its local client base.
RMT will be retaining its existing offices at Hexham Mart, and as part of its local investment, it is also expecting to create a number of new jobs in Hexham in the coming months.
Established in 1954, RMT Accountants provides the full range of financial and business advisory services through its specialist accountancy, tax, medical and healthcare, corporate finance and restructuring teams, and is part of the Sumer Group, the UK’s leading SME-focused accountancy practice.
It moved into the Tyne Valley in 2023 with the acquisition of rural and agricultural sector specialist McCowie & Co, and already acts for a wide range of agricultural, farming and contracting businesses in the North East, Scotland and North Yorkshire, as well as local SMEs across a range of other business sectors.
Stephen Slater, managing director at RMT Accountants, who lives in the Tyne Valley, says: “We believe it’s important for us to be part of the community that we’re serving and to have a first-hand understanding of the opportunities, challenges and issues facing local business owners and managers.
“With one well-known national accountancy firm recently choosing to close its Hexham office, we’re now taking the opposite approach and opening in a second location to ensure we have the extra office space available that we believe we’re going to need.
“Our existing Hexham team is highly skilled and extremely knowledgeable, and we’re expecting to see it grow in the coming months to support our local development plans.
“The specific SME focus that being part of the Sumer Group provides adds an extra dimension to the full range of services we can offer to local businesses and we’re excited about the impact that this investment will have on both their and our operations.”
Peter McCowie, who joined RMT after its acquisition of McCowie & Co, adds: “Our Tynedale team has been part of the local community for more than 50 years and the access to significant new resources and expertise that becoming part of RMT gave us is already delivering tangible benefits to our local clients.”
Sumer is the UK and Ireland’s leading mid-market accountancy practice, delivering professional support to small and medium-sized enterprises (SMEs) across England, Scotland and Northern Ireland, and employs over 2,200 staff across more than 40 offices.