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Universal park officially named as government pledges £1.3bn

Universal park officially named as government pledges £1.3bn

Summary

Universal has officially named its new UK theme park Universal United Kingdom Resort and announced it will invest £5 billion to build it in Bedfordshire. The UK government is providing £1.3 billion to improve local roads and train stations, aiming to support up to 8.5 million visitors yearly when it opens in 2031.

Key Facts

  • The new park is called Universal United Kingdom Resort.
  • It will be built in Kempston Hardwick, Bedfordshire.
  • Universal plans to invest £5 billion to build the park and £1 billion more over the first 10 years.
  • The UK government is contributing £1.3 billion for infrastructure upgrades, including roads and train stations.
  • The government expects this to create thousands of jobs and boost the local economy by nearly £50 billion.
  • The park aims to attract 8.5 million visitors annually at opening and possibly 12 million within 20 years.
  • It will include a free entertainment and shopping area open to all visitors, even without tickets.
  • About 8,000 permanent jobs will be created after opening, with the majority going to local people.
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