Connect with us

Business

£7.5 billion in goods traded through Gatwick in 2017

Local businesses are 50% more likely to export than the UK average.

Published

on

UK’s only direct service to Chengdu – China’s fourth largest city – started at Gatwick last week. The majority of cargo goes in the hold of long haul passenger services like this. (Image: John Nguyen/PA Wire)

International goods to the value of £7.5 billion passed through Gatwick in 2017 in trade that supported 113,800 UK jobs – according to the most detailed analysis of its kind into the airport’s influence on trade and investment – published today by Oxford Economics. 

More news: Man left with fractured jaw and missing teeth after attack in West Green

Metals/metal parts (£2 billion) and vehicles/ vehicle parts (£1.7 billion) were the two biggest goods categories traded through the airport, followed by electronics (£773 million), machinery (£682 million) and pharmaceuticals (£588 million).

Over two thirds – or £5.3 billion (61000 tonnes) – of this airfreight was exported and £2.2 billion (35600 tonnes) was imported.  Gatwick’s total cargo tonnage is also up +20.4% this year, compared to last. 

Gatwick and the South East

The report also looked at businesses that trade internationally in the seven local authorities in the Gatwick Diamond region and found them to be more export-focussed – with the proportion of businesses in the region sending goods to international markets 50% greater than for the UK as a whole.

The seven local authorities in the Gatwick Diamond are Epsom and Ewell, Reigate and Banstead, Horsham, Tandridge, Crawley, Mole Valley and Mid Sussex.

With Brexit in mind – over eleven (11.3%) per cent of Gatwick Diamond businesses exported goods compared to the UK average (7.2%).

Local businesses are also well positioned for global trade – with 60% of the Diamond’s exports going to non-European markets – again more than national average (51%).

Gatwick’s 67-strong long haul network is singled out in the report as important for trade outside the EU as the vast majority of cargo passing through the airport goes in the belly of long haul passenger aircraft. Top non-EU destinations for the Surrey, East and West Sussex region exports outside the EU are USA (£2.5 billion), China (£450 million), Japan (£250 million) and Russia (£200 million).

The South East was also shown to be a leading exporter of specialist professional services (eg architects, auditors, engineers, lawyers), and information communication technology, insurance and transport services – accounting for a quarter (24%) of all UK exports in these sectors.

Steve Norris, Chair of the Gatwick Growth Board and former transport minister, said:

Gatwick is a nationally significant infrastructure asset and today’s report shines a light on the £7.2 billion contribution it makes to the UK economy in terms of trade and investment.

“Much of the region’s economic activity is centred around the airport, which is why there is a greater concentration of company headquarters clustered in the region around Gatwick than in London.  This constellation of high value industries attracts significant foreign investment and trade activity and the access the airport gives them to international markets is a key reason why they invest and locate in the region.”  

Rob Lewtas, Department of International Trade, said:

“Gatwick has always played an important role supporting trade, investment and jobs both in the national and local economy.  This report shows how Gatwick’s recent growth has increased the South East’s connectivity even further and is driving international business activity from the region to all parts of the globe.”

Jeremy Taylor, Chief Executive, Gatwick Diamond Business, which represents businesses across the region, said:

“While the report rightly points out Gatwick’s important role supporting exports from the region, it also shows that much more can be done. Too many businesses and cargo companies send their goods past Gatwick and round the M25 to Heathrow. As the airport’s long-haul network grows, so too do welcome opportunities for local firms to use Gatwick as their local global gateway.”

Jonathan Sharrock, Chief Executive, Coast to Capital, a business-led collaboration between the private, public and education sectors across the region, said:

“The Coast to Capital economy is intrinsically linked to the success of Gatwick Airport. This report confirms the important role of the airport as a global hub to connect businesses to international markets. As the airport continues to grow, so too does the area’s economy, giving confidence to businesses and consumers as we leave the EU.”

Continue Reading

Business

County Mall Manager receives ‘Centre Manager of the Year’ at national awards

The Centre Manager at County Mall in Crawley received an award for ‘Centre Manager of the Year’ at the 2018 SCEPTRE Awards.

Published

on

'Centre Manager of the Year (large centre)' presented to County Mall's Mark Haynes by Koralie Gardener from Retail Report. (Image: JLD Media)

With County Mall’s 25th Anniversary and the opening of new stores including Hotel Chocolat, Paperchase and DFS, 2017 was an exciting year for Mark Haynes and the centre’s management team.

The team’s hard work culminated in a SCEPTRE Award for Mark as Centre Manager of the Year (Large Centre) at a recent industry event.

More news: Two arrested on suspicion of murder after woman dies in Crawley fire

The SCEPTRE Awards recognise the Best Practice and the Best People in the Shopping Centre industry, putting the spotlight on Management Teams, Retailers and Suppliers that demonstrate real excellence.

In his seven years as Centre Manager Mark has focussed on enhancing the customer experience and customer service at the Crawley shopping centre, which attracts 8 million visitors a year.

Working closely with the marketing team (who also won an industry award this year in recognition of their Strategic Marketing campaign for County Mall Shrunk the Shoppers last summer), Mark has worked to reposition the centre’s perception in key targeted locations and is an integral member of the town and community.

Centre Manager at County Mall, Mark Haynes.

Chairing the Town Centre Partnership and initiating the feasibility of a BID, Mark has an influential stance in Crawley and uses his position to raise the perception of the town in the surrounding areas.

Mark has also dedicated time to fundraising and community efforts including the opening of Crawley’s very first “Changing Places” facility, running 2 marathons in 2 weeks on behalf of St Catherine’s Hospice and facilitating multiple charity events in the centre, resulting in charity donations worth over £46k in the year.

Centre Manager Mark Haynes stated:

“I’m immensely proud to have won this award for County Mall, and am lucky to have a great team, without whom it wouldn’t have been possible.”

 

For updates on news, events and promotions from County Mall; visit countymall.co.uk or keep updated on Facebook and Twitter.

 

Keep up to date with all the latest news.

Follow us on:

Twitter: @crawleynews24

Facebook: Crawleynews24

listen live

Continue Reading

Trending