1 day ago
Comcast NBCUniversal will put £6B ($8.1B) successful a caller Universal taxable park successful nan UK, its first successful Europe.
The UK’s Culture, Media & Sport section has officially revealed that nan Universal United Kingdom Resort will statesman building successful Bedfordshire soon, expected to complete by 2031, astatine which constituent it will purpose to pull 8.5 cardinal yearly visitors.
Comcast NBCUniversal will walk £5B connected nan 476 acre analyzable during nan first 5 years of building on pinch an further £1B successful superior finance successful nan first 10 years of operation. The UK authorities will walk an further £1.3B connected “regional and section organization infrastructure to guarantee nan parkland tin run successfully.”
The parkland is expected to make £50B of economical use to nan UK and create 28,000 jobs, nan authorities said. UK Chancellor Rachel Reeves and Culture Secretary Lisa Nandy met Comcast chair Brian Roberts and Mark Woodbury, Chairman and CEO of Universal Destinations & Experiences, astatine 11 Downing Street today, wherever they unveiled nan sanction and logo.
Talk of a Universal UK taxable parkland first arose past twelvemonth erstwhile Universal bought nan site, a erstwhile brickworks successful Bedford. It is Universal’s first parkland successful Europe. The institution has a number successful nan States on pinch parks successful Japan, China and Singapore.
Roberts called nan news “a typical infinitesimal for our company.” “We person a agelong and proud history successful nan United Kingdom done Sky and NBCUniversal and look guardant to creating a spectacular destination that supports nan UK imaginative industries and brings joyousness to millions for generations to come,” he added.
Nandy said: “This unparalleled finance is simply a immense ballot of assurance successful nan UK and puts rocket boosters nether our intermezo industry. When it comes to creating world people experiences, nan UK is 2nd to none. We’re proud to beryllium backing British industry, investing successful section talent and partnering pinch powerhouses for illustration Universal to create jobs, maturation and opportunities crossed nan UK.”
Comcast has a large UK footprint, having bought Sky successful 2018 for £30B.
