UK government to pay £1.3bn to help fund Universal Studios theme park in Bedfordshire
The UK government has announced a £1.3 billion funding package to support the construction of Universal Studios' first theme park in Europe, located in Bedfordshire. This investment is expected to create tens of thousands of jobs in various sectors, including construction and hospitality. The theme park, named Universal United Kingdom Resort, is projected to open in 2031 and attract approximately 8.5 million visitors in its first year.
- ▪The UK government will provide £1.3 billion in funding for the Universal Studios theme park.
- ▪Comcast plans to invest over £5 billion in the new entertainment complex during the five-year construction period.
- ▪The theme park is expected to create 20,000 jobs in construction and an additional 8,000 roles once operational.
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Rachel Reeves (in pink) with Mark Woodbury (left), chair and CEO of Universal Destinations & Experiences, visit the site of the Universal theme park in Bedford. Photograph: Chris Radburn/PAView image in fullscreenRachel Reeves (in pink) with Mark Woodbury (left), chair and CEO of Universal Destinations & Experiences, visit the site of the Universal theme park in Bedford. Photograph: Chris Radburn/PATravel & leisureUK government to pay £1.3bn to help fund Universal Studios theme park in BedfordshireChancellor hails deal saying it will create tens of thousands of jobs in the construction, hospitality, creative and technology sectors Business live – latest update Mark SweneyWed 3 Jun 2026 09.30 EDTSharePrefer the Guardian on GoogleBritish taxpayers will provide £1.3bn in funding to help…
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