Manchester, February 24, 2009: Responding to businesses’ growing need to reduce costs, The Regus Group (LSE: RGU) has opened a fully-furnished and equipped business centre in the award-winning Spinningfields development. The new centre is near the M602 and within walking distance of Salford Central and Deansgate train stations. This is the first location in Manchester since the economic downturn and the eighth in the marketplace to date, further solidifying Regus’ market leadership position.
A Significant Cost-Cutting Opportunity
“Companies in Manchester and around the world are looking to Regus to help cut costs in order to survive this economic rollercoaster,” said Mark Dixon, Group Chief Executive of Regus. “By introducing flexible workplace strategies Regus enables clients to reduce overall facilities expenses, typically a company’s second largest fixed line item, by up to 60 percent.”
In addition to affordable office space without long-term lease requirements, the Regus business centre offers videoconferencing studios that are available by the day to facilitate face-to-face meetings with customers, prospects and colleagues while reducing travel costs. Regus reports a 40 percent increase in Videoconference bookings and estimates that a videoconference meeting cuts the average cost of business travel by 75 percent.
When travel is required, Regus’ Businessworld membership program provides another method for companies to save money and explore new market opportunities. Whether companies are seeking to grow their business nationally or internationally this revolutionary membership program gives companies access to business-ready serviced offices, virtual offices, meeting rooms and lounges across 75 countries for less than £16 per month.
A Robust City with a Diverse Economy
As the UK’s largest and fastest-growing commercial centre outside London, Manchester’s economy is diverse and remaining stable despite the downturn. Competitive business costs have created a robust economy that features 65 of the FTSE100 companies. Long a major centre for the arts, media, higher education and commerce, the city was recently voted the best place to locate a business in the UK. Manchester International Airport, meanwhile, provides excellent access to domestic and international markets.
Dixon says determined companies won’t sit idle waiting for the recession to pass. Instead, these companies will grow their way out of this recession by entering into new markets, targeting new prospects and expanding their services in order to drive the top line. “Clients who open an office in Manchester will leverage our turnkey space to move forward securely, cost-effectively and at a rapid clip,” added Dixon.
About The Regus Group
The Regus Group is the world’s leading provider of pioneering workplace solutions, with products and services ranging from fully equipped serviced offices to professional meeting rooms, virtual offices, business lounges and the largest network of videoconferencing studios. The Regus Group delivers a new way to work, whether it’s from home, on the road or from an office. Clients such as Google, GlaxoSmithKline, IBM and Nokia join thousands of growing small and medium businesses that benefit from outsourcing their office and workplace needs to The Regus Group, allowing them to focus on their core business.
Over 400,000 clients a day benefit from Regus Group facilities spread across a global footprint of 1000 locations in 450 cities and 75 countries, which allows individuals and companies to work wherever, however and whenever they want to. For more information, visit www.regus.co.uk.
For more information contact:
0207 908 6550
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