[ad_1]
An agreement for a new universal theme park in Bedfordshire has been confirmed, which according to Rachel Reeves will bring ‘billions of rand’ to the economy and create thousands of jobs.
It is the first universal brand and resort in Europe and will be open in 2031, when the UK’s most popular visitor attraction is expected to become.
The government said it would bring an estimated £ 50bn into the British economy and that it would create about 28,000 jobs – almost 20,000 during the construction phase, and 8,000 more in hospitality and the creative industries when it opened.
A 500 room hotel and a retail and entertainment complex are planned next to the theme park that will be built on a former brickwork.
Universal, owned by Sky News’s US parent company Comcast, expects the 476 -acre site just south of Bedford to yield nearly £ 50 billion for the economy by 2055, with 8.5 million visitors in the first year.
The plan remains subject to a formal planning decision process of the Ministry of Housing, Communities and Local Government.
Universal is committed to working with local colleges and universities to train students for hospitality opportunities.
There are universal theme parks in Florida (pictured), California, Japan, Beijing and Singapore. Pic: ap
Some of the famous universal films are Wicked, Minions, Oppenheimer, Bridget Jones, Fast and the Furious and Jurassic World.
There are all five universal theme parks: Orlando in Florida, Hollywood, Japan, Beijing and Singapore.
Downing Street said the agreement is “great confidence” in the UK economy and the future of partnerships between the UK and the US.
The announcement comes days after Donald Trump’s 10% rates on all British exports This was set up after the British trade teams could not agree.
Read more:
Trump rates can disrupt medicine -supplies to the UK
Is it time to change tactics with Trump?
The new universal theme park will be just south of Bedford
Chancellor Rachel Reeves said: “In a time of global change, this investment is a confidence in Britain as a place to do business.
“The investment of Universal will bring billions of rands into the economy and create thousands of jobs in the UK and put more money in people’s pockets.”
The government said that about 80% of employees at the theme park would come out of the local areas, and it would support the ‘Oxford Cambridge Corridor’ that was revived by the chancellor in January after the conservative plans for an Abingdon-Milton Keynes train link in 2021.
Use Chrome browser for a more accessible video player
Reeves: ‘We have your back’
It will also commit to a ‘large investment’ in infrastructure around the universal website to ensure that it is well connected and easily accessible.
The announcement comes days after the government approved an expansion of Luton Airport in the area.
Comcast Corporation president Mike Cavanagh said: “We can no longer be excited to take this very important step in our plan to create and deliver an incredible universal theme park and resort in the heart of the United Kingdom, supplementing our growing US Parks business by expanding our global footprint to Europe.
“We appreciate the leadership and support of Prime Minister Keir Starmer, Chancellor Rachel Reeves, Minister of Investment Poppy Gustafsson, Cultural Secretary Lisa Nandy and their teams while working together to create and deliver a fantastic new landmark destination.”
[ad_2]
Source link
