Booming Royal London plans hundreds of new jobs in Wilmslow
23 March 2015
Wilmslow’s largest employer Royal London has announced plans to create an additional 450 new jobs at its campus on Alderley Road. The business currently employs around 900 full time staff in the town and wants to increase numbers to around 1,350.
Strong new business results for 2014, plus the Government’s imminent pension reforms, mean that Royal London is looking to expand and has identified Wilmslow as its preferred location. The company also operates at sites in London, Edinburgh, Glasgow, Bath and the Republic of Ireland.
The new roles would be accommodated within new, modern office accommodation on land owned by Royal London to the east of the existing campus. This land has been allocated by Cheshire East Council for a high-quality, sustainable, mixed-use development that includes new playing fields for Wilmslow High School.
Royal London’s Jerry Toher said:
“Wilmslow is a key part in our success story, both in respect of our achievements to date and our aspirations for the future. Many of our staff live locally and are proud of the economic and social ties between Royal London and the town. That is why I am pleased to confirm that Wilmslow is our clear preference to accommodate future growth within Royal London."
“We anticipate growing our Wilmslow operation over time, increasing the number of full time staff by 50% and providing significant new employment opportunities for the town."
“Over recent years in Wilmslow, staff numbers have grown as we have taken on more business and added to the number of customers we serve. This has resulted in the site becoming effectively full, not only in terms of accommodating staff, but also in terms of its IT and service infrastructure, which is increasingly outdated."
“In order to create these new jobs, we need better office space. This is why we support Cheshire East Council’s proposed allocation for Royal London’s land to the east of our existing campus. By develop-ing this land we can create spin-off employment opportunities for Wilmslow, as well as offering new playing fields for Wilmslow High School."
“Wilmslow is our clear preference to accommodate planned growth but this cannot be done without the support of the Council and others to deliver our ambitions in the town. We very much hope that we will soon have a positive, well-balanced Local Plan in place that enables the business to expand locally, rather than at one of our other sites across the UK.”
Royal London’s announcement was backed by the East Cheshire Chamber of Commerce. Dave Watson, Chief Executive of the Chamber said:
“We are delighted to hear the news that Royal London is looking to expand in Wilmslow."They are already the town's largest employer and it is great to see Royal London wanting to create jobs here in East Cheshire rather than elsewhere.”
For further information please contact:
Kevin Whitmore 0161 711 0310 / 07825 284610 Kevin.Whitmore@lexcomm.co.uk
Gareth Evans 0207 506 6715/ 07919 170069 firstname.lastname@example.org
About Royal London in Wilmslow:
- Around 30% of Royal London’s total employees are based at the company’s Wilmslow CampusRoyal London employs 1 in every 12 jobs in Wilmslow and 1 in 11 private sector jobs in the town (on a full-time equivalent basis)
- Across the whole of Cheshire East, Royal London supports around 830 full-time equivalent jobs. This represents around:
- 1 in every 170 jobs across Cheshire East
- 1 in every 140 private sector jobs across Cheshire EastRoyal
- London adds £92m (in GVA) to the Cheshire East economy or £1 in every £89 of all GVA created in the area
About Royal London:
Royal London is the largest mutual life and pensions company in the UK with Group funds under management of £82.3 billion. Group businesses serve around 5.3 million customers and employs 2,829 people across the UK in Wilmslow, Edinburgh Glasgow, Bath and London. (Figures quoted are as at 31st December 2014).