Payroll firm to invest £100m in new Salford office
Payroll and HR firm Moorepay has announced it is investing £100m in its new Salford offices.
The offices in Lowry Mill, Swinton, were officially opened this week.
The news comes just six months after the business was bought by Bain Capital.
Bain is investing significant sums in the company over the short and medium term.
This includes an investment of £100m over the next ten years in the Swinton office.
The new space is needed to accommodate the growing northern team.
The firm has already invested heavily in apprentices, with 27 joining in the last quarter alone, and plans to expand the team by another 40% in the coming months and years.
The new northern hub was officially opened by Salford City Mayor Paul Dennett.
He 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.”
Other keynote speakers included group chief executive John Petter and Moorepay chief executive Alistair Blaxill.
Mr Blaxill said: “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.
“This marks the beginning of an exciting new phase of growth for us as a company.”
