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New long-term partnership announced for London Gatwick

Global Infrastructure Partners (GIP) has announced a new partnership with VINCI Airports, a leading worldwide airport operator with a network of 46 airports in 12 countries

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Commenting on this morning’s announcement by GIP and VINCI Airports, Gatwick’s Chairman Sir David Higgins, said:

“We very much welcome this commitment from VINCI Airports to Gatwick which is a vote of confidence in Gatwick and its future potential.”

Chief Executive, Stewart Wingate, said:

“Our Chairman and I, along with our senior management team, will all remain at Gatwick and look forward to improving services further for our passengers. There will be no changes to the immediate running of Gatwick and we expect the transaction to complete by the middle of next year.

“This is good news for the airport as it will mean both continuity but also further investment for passengers over the coming years to improve our services further. We currently fly to over 220 destinations around the world and are ambitious to do even more in the years ahead.

“Now we are through the recent disruption at the airport and services are fully back to normal I would once again like to express my thanks to passengers for their patience during this challenging period.

“I would also like to thank all those who have supported my teams in getting Gatwick back up and running, particularly our airlines, the police, the armed forces, other airports, the CAA and the Department for Transport.

“I know this unprecedented criminal activity caused huge inconvenience to thousands of people – many of whom missed important family events in the run up to Christmas. We have appreciated the understanding and tolerance shown at what was a really challenging time for everyone, and we are grateful that passengers recognised that we should never do anything that might jeopardise their safety.

“There are obviously wider strategic lessons for everyone involved to prevent it happening again, and Gatwick itself has taken a number of important steps in recent days which will make a significant difference to the airport’s resilience.

“While today’s announcement marks an exciting moment in Gatwick’s future, my team and I remain focussed on doing everything we can to help ensure that travel runs as smoothly as possible for everyone over the rest of the festive period.”

Business

Crawley business wins prestigious Queen’s Enterprise Award

Crawley MP Henry Smith has welcomed the announcement that Inspiration Healthcare Group in Crawley has received an award for international trade, as part of more than 200 businesses having been honoured with a prestigious Queen’s Award for Enterprise.

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Those businesses were selected for their entrepreneurship, and local company Inspiration Healthcare Group is an example of Crawley’s entrepreneurial spirit.

Henry said;

“I’m delighted that Inspiration Healthcare Group has been recognised by the Queen with such a prestigious award.

“This is just one example of a company in Crawley making a huge contribution not just to our local area, but as an innovative and talented business to our growing economy.

“It’s right that the Government are working hard to create the best possible environment to start and grow businesses, and I’m delighted that we’re seeing recognition for existing firms here in Crawley.”

The Secretary of State for Business, Energy & Industrial Strategy, Rt Hon Greg Clark MP, commented;

“We know that the UK is the best place to start and grow a business, which we will build on through our modern Industrial Strategy. These awards recognise great British success stories that are the face of this achievement, and I’m proud that so many small businesses are being celebrated by receiving a Queen’s Award for Enterprise.”

Three quarters of this year’s winners are small and medium sized businesses, demonstrating that the UK is one of the best places in the world to start and grow a business.

In addition to existing Government support; through the modern Industrial Strategy enhanced backing will be provided, including:

  • Investing £7 billion through the modern Industrial Strategy in new public funding for research and innovation – the largest ever increase.
  • Helping small businesses access the finance they need – since it was established, the British Business Bank has provided support worth £5.9 billion of finance to over 82,000 smaller businesses across the country.
  • Providing small businesses with £200 million to grow and scale-up their operations.
  • Providing a £31 million package of support for small businesses helping them to grow and reach their full potential.
  • Legislating to make it easier for small businesses to access invoice finance, providing a £1 billion long-term boost to the economy.
  • Cutting business rates for small retailers by a third for two years – saving 90 per cent of all shops, pubs and restaurants up to £8,000.

The winners will receive these prestigious awards at a Buckingham Palace reception, where their contribution to the UK economy will be celebrated. These awards recognise businesses for their contribution in four categories, with winners including:

  • 129 International Trade winners
  • 61 Innovation winners
  • Six Sustainable Development winners
  • Five Promoting Opportunity winners

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