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Incredible news as Manor Royal now provides 25% of all Crawley jobs

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A new study reveals the growing importance of Manor Royal and its impact in terms of jobs, business and its contribution to the economy.

The Economic Impact Study, jointly commissioned by the Manor Royal BID and Crawley Borough Council, was conducted by leading economic and regeneration consultants, Lichfields, to assess how well the Business District is performing and what it needs to do to remain competitive.

The study revealed that since 2010, Manor Royal has grown in a number of important ways. It is now home to over 600 businesses and provides 25% of all Crawley jobs – a whopping 32,800 jobs in total. On top of that it contributes £34m in rates each, about a third of all rates generated by Crawley that includes Gatwick Airport, and provides over 9m square feet of commercial floorspace. Not bad for a place that accounts for less than 6% of Crawley’s overall landmass.   This shows a notable change from the last study when there was over 90 acres of land available for development and about 20% of all the buildings were empty.

Not bad for a place that accounts for less than 6% of Crawley’s overall landmass

The last study was carried out almost ten years ago and led to many changes, including the creation of the UK’s largest “industrial” Business Improvement District (BID) – the Manor Royal BID.  Since then the environment in which Manor Royal operates has been radically altered by large macro-economic events as well as changes closer to home. The study aimed to capture this and make recommendations for future improvements.

“This important study reinforces the vital role Manor Royal plays,” said Trevor Williams, Thales UK and Chairman of the Manor Royal BID.

“It is especially pleasing to see the contribution of the Manor Royal BID being highlighted both in terms of what has been achieved to date and the role it can play in its continued success.”

Councillor Peter Smith, Cabinet member for Economic Regeneration, said:

“Here at Crawley Borough Council we know that Manor Royal plays a key part in Crawley’s economic growth and recent strong jobs growth performance – it’s great to see confirmation of how far we’ve come in ten years. It is critical to Crawley and its residents that Manor Royal Business District continues to prosper and grow, and we intend to work with the BID to help make this happen.”

The report also highlights a number of ways Manor Royal needs to improve looking ahead. This includes provision of facilities, wider promotion, enhancements to the public realm and continued efforts by the Manor Royal BID to represent and co-ordinate activities across the Business District.  The Manor Royal BID will look to work with Crawley Borough Council and other key partners to explore ways to act on the recommendations, but this will be dependent on the outcome of the BID Renewal Ballot in February when businesses will vote to decide whether to continue with the BID.

The report is available to view on the Manor Royal BID website here.

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Business

Gatwick introduces new Shanghai route

“Long-haul connections to China and other non-European nations will take on extra significance in a post-Brexit Britain” – Stewart Wingate, Gatwick CEO

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Gatwick has today announced a new long-haul connection from London Gatwick to Shanghai – China’s largest city – as Gatwick say they recorded year-on-year long-haul growth of +20.8% during July.

The new service will be flown by China Eastern – the country’s second biggest airline – and will connect the UK to one of the world’s leading business centres, providing over 70,000 seats and more than 3,700 metric tonnes of new cargo capacity each year.

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Shanghai is seen as the showpiece of China’s dramatic economic growth and, like London, is a global financial centre. It is also the leading city driving the Yangtze River Economic Zone – a region accounting for 20% of China’s GDP and responsible for a third of the country’s imports and exports.

The launch of the new route follows the busiest July in Gatwick’s history, which saw the volume of cargo handled by the airport grow by +28.8% year-on-year as a direct result of its soaring long-haul growth.

Gatwick say their Asia routes grew by +134.8% compared with July last year, while the airport’s US connections continue to prove popular, with New York +67.5%, Boston +58.7% and Las Vegas +32.5%. Tampa saw a +5.3% increase in passenger numbers in July, ahead of the launch of new Norwegian flights from Gatwick to the Florida city this October.

The new China Eastern Airlines service to Shanghai will begin on 7 December 2018. The Airbus A330-200 will depart from Gatwick on Tuesdays, Fridays and Sundays at 12:00 and will fly to Shanghai Pudong Airport.

Stewart Wingate, CEO, Gatwick Airport said:

“I’m delighted to welcome China Eastern to Gatwick and look forward to the start of this vital new link to Shanghai which, like London, is undoubtedly one of the world’s most important cities and business hubs. Starting from such a strong position gives this new route every chance of success, as it will be popular with business passengers travelling between the two economic centres, as well as leisure passengers keen to sample the excitement of China’s largest city.

 “July’s traffic figures demonstrate that Gatwick’s long-haul network is driving the airport’s growth. These connections to China and other non-European countries will take on extra significance in a post-Brexit Britain as we become more reliant on them to generate vital growth through trade and by exploiting the other business opportunities that they provide.”

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