US Tech Firm Credera Invests £45m into Manchester and Newcastle

Texas swagger pays off as there will also be 350 jobs up for grabs.

Texan tech consultancy Credera will create 350 jobs via a £45 million investment into Manchester and Newcastle.

Credera (which means ‘he will believe’ in Italian) is clearly showing a belief in the north of England.

The firm will invest £20 million into Manchester to create 150 graduate roles over three years, for those looking to kickstart their career in tech.

It’s more good news for the city as just this week commercial property firm Bruntwood teamed up with Legal & General to unveil a £21 million tech hub in Manchester Science Park.

While last month, a consortium unveiled a new digital security innovation proposition that aims to bring 1,000 jobs to the digital and cybersecurity sectors in Greater Manchester.

The UK government also chimes in – as it does when something positive happens – and notes that in 2020-2021 alone, foreign direct investment (FDI) projects created over 4,000 new jobs in the North West.

In the same time period, FDI projects created over 1,300 jobs in the North East, where Credera will invest £25 million into Newcastle to create 160 of an eventual 200 positions.

Secretary of State for International Trade Anne-Marie Trevelyan adds: “The Northern Powerhouse is a force to be reckoned with and I’m pleased to see this government’s levelling up agenda having real, tangible benefits for the public up and down the country.”

Let’s not forget Credera as all this stems from its actions. The firm sees itself as a global, boutique consulting firm focused on strategy, transformation, data and technology.

It works in various industries – such as consumer goods, energy, utilities, financial services, healthcare, manufacturing, retail, travel and transportation.

Case studies on Credera’s website include Texas Capital Bank, Hilton and National Geographic.

Founded in 1999, Credera is headquartered in Dallas, and hosts offices in Houston, Denver, Chicago, New York, London, Manchester, Los Angeles, Singapore and Leeds.

Antony Peyton
Antony Peyton
Antony Peyton is the Editor of eWeek UK. He has 18 years' journalism and writing experience. His career has taken him to China, Japan and the UK - covering tech, fintech and business. Follow on Twitter @TonyFintech.

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