Universal’s first European theme park to open in Bedford in £50bn increase for financial system | EUROtoday

A significant theme park is about to open in Bedford in 2031 as Sir Keir Starmer broadcasts the cope with Universal which can usher in an estimated £50bn to the UK’s financial system.

Set to be one in every of Europe’s largest and most superior amusement parks, the attraction is about to create almost 20,000 jobs through the development interval, with an extra 8,000 jobs obtainable throughout the hospitality and inventive industries.

The multi-billion-pound funding has been agreed between Universal, the federal government and the native council, and varieties a part of Labour’s Plan for Change, which is aimed to create progress and job alternatives throughout the UK.

Across the 496-acre advanced, guests will be capable to get pleasure from a theme park with a number of Universal-themed rides, leisure venues, a 500-room resort and a retail and eating space.

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As a part of a plan to create financial progress, Universal, a serious American movie manufacturing and distribution firm, has dedicated to working with native faculties and universities to supply job alternatives.

Guests are more likely to see rides based mostly on a number of of their most well-known blockbusters, which embrace Minions, Jaws and Jurassic Park.

Prime Minister Keir Starmer stated: “Today we closed the deal on a multi-billion-pound investment that will see Bedford home to one of the biggest entertainment parks in Europe, firmly putting the county on the global stage.

“This is our Plan for Change in action, combining local and national growth with creating around 28,000 new jobs across sectors such as construction, AI, and tourism.

“It is not just about numbers; it’s about securing real opportunities for people in our country. Together, we are building a brighter future for the UK, getting people into work and ensuring our economy remains strong and competitive.”

With the location being the primary Universal-branded theme park and resort in Europe, they anticipate the location to generate almost £50 billion for the financial system by 2055, with 8.5 million guests anticipated in its first 12 months – turning into the most important customer attraction within the UK.

Chancellor of the Exchequer Rachel Reeves stated: “At a time of global change, this investment is a vote of confidence in Britain as a place to do business. Universal’s investment will bring billions to the economy and create thousands of jobs to the UK, putting more money in people’s pockets.”

Mark Woodbury, Chairman and CEO of Universal Destinations & Experiences, said: “Bringing a world-class theme park and resort to the United Kingdom is a tremendous opportunity and is part of our strategy to introduce the Universal brand and experiences to new audiences around the globe.

“We appreciate the incredible support for our proposed project and look forward to bringing it to life in the years ahead.”