Technology is undeniably one of the fastest growing sectors in today's economy, and it is universally regarded as fundamental to the future economic health and prosperity of UK public limited companies (plcs).
The technology sector in Greater Manchester has consistently been ranked as the best outside of London, with numerous companies choosing to relocate their operations here from the capital. These businesses often cite reduced operating costs and access to a rich, diverse talent pool as major reasons for their relocation decisions. However, it’s worth noting that it’s not just the bustling Manchester city centre that is attracting these prominent, fast-growth tech enterprises.
In recent years, Stockport has been gaining significant traction as a viable location that is capable of providing premium and purpose-built office space at the best possible price point. In fact, Stockport offers advantages that make it even better positioned than Manchester when it comes to convenient transport links. This is in addition to the status it enjoys as the birthplace of WordPress – the world’s largest online publishing platform – which adds to its allure for tech companies.
Stockport's reputation as the location of choice for leading tech businesses has been further enhanced by the recent relocation of global online trading website MusicMagpie to the area. The presence of fast-growth software company CDL in Stockport also contributes to the area’s burgeoning reputation as a tech hub. With these developments, Stockport is solidifying its position as a key player in the technology landscape, attracting more businesses and talent to harness its potential.