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Manchester firm set up by Moneysupermarket founder announces redundancies - with staff facing pay delay

manchestereveningnews.co.uk

A Manchester firm which was originally launched by the founder of Moneysupermarket.com has announced a number of potential redundancies.

Some staff members at Open Money, based in Manchester city centre, have been told they won't receive their salary today (April 28), after the company was taken over by new owners.

The business was set up to provide more accessible and affordable financial advice in 2016, by Duncan Cameron, the co-founder of Moneysupermarket.com. READ MORE: Join the FREE Manchester Evening News WhatsApp community Mr Cameron, who has previously appeared on the Sunday Times UK Rich List, set up the company with business partner Anthony Morrow - who left the firm in 2020 before returning at the start of the year.

Moneysupermarket.com was launched by Cameron and Simon Nixon in 1987. By 2015, Cameron was said to be among the wealthiest 25 people in Britain, worth around £132 million.

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Read more on the manchestereveningnews.co.uk
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