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2 min read

Technology sector growth creates opportunity to invest in Manchester

Technology sector growth creates opportunity to invest in Manchester

Manchester is world famous for its history of technology innovation – but this is not a city which sits on its laurels and looks backwards. Manchester’s booming technology sector is the clearest example of this. With two more global brands recently announcing the arrival of huge new offices in the city, this sector continues to go from strength to strength.

PwC will be creating 1,000 new technology focussed jobs in Manchester over the next three years, with many of them set to be advertised immediately. The jobs will be based in Spinningfields, Manchester’s business district, and will be focussed on the development of new technology products for used across the business and by its clients.

“Manchester has a vibrant tech scene - it’s seen as a place to innovate, attracting business, investment and skills. We want to capitalise on local talent to create opportunities for local people by working with universities, colleges and businesses in the city. Alongside our offices in Bradford and Leeds, our expansion in the North West reflects our confidence in regional growth and the important role of offices in attracting people and nurturing talent,” said Kevin Ellis, PwC Chairman and Senior Partner.

Andy Burnham, Mayor of Greater Manchester, praised the development, saying it was “fantastic to see PwC’s ongoing commitment in Manchester and further recognition of the city’s distinctive status.

“The city is the fastest-growing digital and tech hub in Europe and we are fast becoming the UK’s leading digital city-region. As more and more businesses set-up, grow and move here, we are building an ecosystem that supports businesses and talent at every level. It’s great that PwC continues to support our culture of collaboration, working with others to grow jobs, skill and opportunity.”

The news comes as it was announced that America’s “biggest streaming platform” is to open a massive technical and engineering hub in the city. Roku, which is valued at $45bn has 55.1m subscribers and a revenue of $645m, and is the number one streaming platform in America.

PwC and Roku join the 19,000 businesses active in the technology sector with offices in the city-region. With the huge number of businesses moving to the city, it’s easy to see why Tech Nation named Manchester the fastest-growing tech city in Europe and why so many are choosing to invest in Manchester property.

As Manchester’s tech sector continues to grow, it will be a huge draw for highly trained young professional workers including those who graduate from the local universities as well as those moving to the city from elsewhere who will be looking to buy apartments in Manchester.

Manchester will continue to be the UK’s outstanding success story of the future, making this the perfect time to get involved in the city’s story and invest in property. Contact our team today for more information about property investment in Manchester.

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