Why is government spending ยฃ1.3bn on Universal UK?
The government has promised an investment worth ยฃ1.3bn in infrastructure to support the planned Universal United Kingdom Resort. Chancellor Rachel Reeves explained the development would create 28,000 jobs between now and its opening, and "unlock nearly ยฃ50bn of economic growth".
The government has promised an investment worth ยฃ1.3bn in infrastructure to support the planned Universal United Kingdom Resort.
Chancellor Rachel Reeves explained the development would create 28,000 jobs between now and its opening, and "unlock nearly ยฃ50bn of economic growth".
She also mentioned the project in Bedfordshire would provide "lots of joy" to visitors once open in 2031.
But for some it might seem a hefty bill for the government to pick up on a theme park during a cost of living crisis, so why has it done it?
Most of the money - ยฃ474m - has been allocated by the Department for Transport to upgrade the A421 and the new Wixams railway station.
Universal has already said it wants a new junction on the A421 that will directly feed traffic in and out of the resort.
While a two-platform station was already planned to connect Wixams to London and Brighton, work has been halted so it can be expanded into a four-platform stop capable of handling the influx of tourists.
Further connectivity is expected via Stewartby, which is slated for the East West Rail line, with a promise of four trains an hour to Oxford by the early 2030s .
