American tech consultancy firm Credera has announced a £45 million investment into Newcastle and Manchester.

Credera will invest £25m into the heart of Newcastle to create 160 of an eventual 200 high-skilled positions for locals building their career.

150 graduate roles will be created over three years in Manchester with £20m investment.

“This boost of investment into our thriving northern tech sector is testament to the friendly and open business environment the UK offers, which creates high-value jobs, delivers clean growth and innovation, and builds our economy,” said Secretary of State for International Trade Anne-Marie Trevelyan.

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“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.

“The UK is an extremely attractive investment destination the world over. Just last month, EU’s recent Annual Attractiveness Survey saw the highest level of investment intent recorded to date into the UK; a testimony to the exceptional environment for innovation this government has created up and down this country.”

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