Moorepay Investing £100 million in Greater Manchester Economy
Moorepay, the leader in SME payroll & HR solutions, has announced it is investing over £100 million in the local economy with the opening of a new hub in Lowry Mill, Salford, Greater Manchester.
The decision shows Moorepay’s commitment to the region and local talent, following its acquisition earlier in the year. The level of investment also demonstrates confidence in the area as the ideal place for business growth.
Moorepay’s investment in the Greater Manchester economy over the next ten years includes:
- £90m on people costs, training & development across 180 employees
- £1.2m investment into the Apprenticeship Scheme with 27 graduates already hired in the summer of 2018 and a further commitment of £4.5m over the next nine years
- £5m in property, facilities management and utilities – with a strong focus on local purchasing and suppliers
“At Moorepay, we strongly believe in regional investment. This includes our office, graduate and apprenticeship scheme, and our commitment to regional suppliers and local customers – all of which is aligned with the HM Government Northern Powerhouse Strategy,” said Alistair Blaxill, CEO at Moorepay. “Today marks the beginning of an exciting new phase of growth for us as a company.”
The new Northern Hub was officially opened by Salford City Mayor Paul Dennett, who said:
“We are proud to have another great business in Moorepay who buy into the vision we have of the area. It is about building partnerships and creating jobs where people can learn new skills and have opportunities to progress in their careers. Salford is a great, vibrant city that’s really going places – investments like this show the business community is recognizing that, and seeing our city as the perfect place for ambitious businesses to prosper.”
VIPs attending the official hub opening included representatives from the Northern Powerhouse, Greater Manchester Chamber of Commerce, Salford Business School, The University of Salford, Global Payroll Association, the Chartered Institute of Payroll Professionals, and representatives from 50+ local businesses.