Hey everyone! We’re so close to hitting 175 subscribers, and we couldn’t be more excited! 🎉 If you enjoyed this update on Universal Studios coming to the UK, please hit that like button and share your thoughts in the comments below. We love hearing your opinions and ideas, so don’t be shy-let us know what you think about the latest developments! Your support means the world to us, and every comment helps us create better content for you. Thanks for being part of this journey with us!
Even though there's rumours of Universal looking at other sites (They already have) but their too far down in the road on this project. The head man for the theme park division at Universal said already that the KH site is the best site they seen in Europe for their 1st Universal theme park, cant see them easily walking away from that. I think the govt and Universal will eventually come to the middle and make some sort of deal in the coming months. This is a gigantic project so this will take time for the green light.
@@dandktravels Although them buying the houses and doing the surveys and even some work on land clearances might be happening soon, all add value onto the land, for relatively little investment.
come on Comcast and UK government! what is wrong with you guys?! even though I'm from the US I don't want you guys over there in the UK to miss out on this
Totally feel you! It’s crazy that it’s taking this long-come on, Comcast and UK government, make it happen already! We’re all rooting for this to finally get the green light, so everyone can enjoy an awesome Universal park over here. Thanks for the support from across the pond!
We will have to be patient. They need time for this project to be a success. I've read somewhere that the earliest estimated time for any meaningful decisions to be made is by the end of this year. They're still in the discussion. Local government wants more benefits like new train stations, cheap housing schemes, and some other economic incentives from Universal, while Universal is also looking for more financial benefits for things like taxes. It will go through as both sides are very positive, but they just need to iron out the details and, in the process, take advantage to seek as many benefits as possible.
The next key event for this might be the 30 October 2024 budget, Reeves will want least one good news story in there. Now that might just be giving extra funding to upgrade the new Meadow Road/ Wixam train station into a 4 platform station instead of the current two plan. I doubt that would cost more than 40 or 50 million.
I imagine a big factor in their decision, was in data of how many people from different european nations were already visiting universals pre existing parks elsewhere, i Imagine that their statistics tell them they get a lot more british foreign visitors than others.
You’re spot on! Universal probably sees a ton of Brits heading to their other parks, which must be a big factor in their decision. They know the demand is here, so it makes sense they’re seriously considering setting up shop in the UK.
Is the UK a real option now? The domestic market is not sufficient to sustain a park of this size. Universal require visitation from the broader European market to make the park viable and with so many barriers to inbound tourism having arisen due to Brexit (The new entry standards being imposed in line with the European ETIAS system for example). Inbound tourism has fallen since Brexit from a peak in 2017 of 41 million to 38 million in 2023 - I suspect this will be an issue for Universal along with weather and wider European transport links, let's hope the UK government is responsive.
@@phutton fair, but i just think the commenter is making the point that this could boost the economy quite a bit since it hasnt been great after liz truss
Nope they sold all their shares in 2004, tussuads pulled out first (the money they got back was a return on investment they bought Thorpe Park with, and reinvested the rest at alton), then busch sold their stake and lastly universal pulled out, but residual deals for characters remained, universal I think bought buschs stake, it's now entirely run by the Spanish original investors.
I hear you, and it’s tough not to feel that way with all the delays. But let’s stay hopeful-these things can take time, and there’s still a lot of support behind the scenes. Fingers crossed it all comes together!
Companies just trying to play hardball with the government to see if they can pad their margins. Government needs to be willing to invest in the infrastructure but to have some penalty clauses if the company walks away from the deal its not the taxpayer thats only losing out. Anywhere if it falls through after they expand the transport infrastructure...Ideal site for one of the new towns.
I’m with you on that! It’s all about making sure the government invests smartly, but also has some protections in place so taxpayers aren’t left hanging if things don’t work out. And yeah, if the transport upgrades happen but Universal doesn’t, using the site for a new town could be a solid backup plan. Appreciate the idea!
If it was a Tory government i would be more confident of a positive outcome but this Labour Government have so far been a waste of space messing everything up.
@@a_skellington The Tories are useless too but are pro business and would be more likely to offer tax breaks for Universal. Lets see what happens as i want this developed here.
Hey everyone! We’re so close to hitting 175 subscribers, and we couldn’t be more excited! 🎉 If you enjoyed this update on Universal Studios coming to the UK, please hit that like button and share your thoughts in the comments below. We love hearing your opinions and ideas, so don’t be shy-let us know what you think about the latest developments! Your support means the world to us, and every comment helps us create better content for you. Thanks for being part of this journey with us!
Even though there's rumours of Universal looking at other sites (They already have) but their too far down in the road on this project. The head man for the theme park division at Universal said already that the KH site is the best site they seen in Europe for their 1st Universal theme park, cant see them easily walking away from that. I think the govt and Universal will eventually come to the middle and make some sort of deal in the coming months. This is a gigantic project so this will take time for the green light.
Yeah I think it's posturing trying to get done a bit quicker. I'm pretty sure it's happening especially with them buying the houses
@@dandktravels Although them buying the houses and doing the surveys and even some work on land clearances might be happening soon, all add value onto the land, for relatively little investment.
I’ll be so gutted if this falls through… let’s keep all our fingers crossed!
I’m with you on that-it would be such a letdown if this doesn’t happen. Let’s keep all our fingers crossed and hope for some good news soon! 🤞
come on Comcast and UK government! what is wrong with you guys?! even though I'm from the US I don't want you guys over there in the UK to miss out on this
Totally feel you! It’s crazy that it’s taking this long-come on, Comcast and UK government, make it happen already! We’re all rooting for this to finally get the green light, so everyone can enjoy an awesome Universal park over here. Thanks for the support from across the pond!
We will have to be patient. They need time for this project to be a success. I've read somewhere that the earliest estimated time for any meaningful decisions to be made is by the end of this year. They're still in the discussion. Local government wants more benefits like new train stations, cheap housing schemes, and some other economic incentives from Universal, while Universal is also looking for more financial benefits for things like taxes. It will go through as both sides are very positive, but they just need to iron out the details and, in the process, take advantage to seek as many benefits as possible.
The next key event for this might be the 30 October 2024 budget, Reeves will want least one good news story in there. Now that might just be giving extra funding to upgrade the new Meadow Road/ Wixam train station into a 4 platform station instead of the current two plan. I doubt that would cost more than 40 or 50 million.
I think spain would be a good location for universal
I imagine a big factor in their decision, was in data of how many people from different european nations were already visiting universals pre existing parks elsewhere, i Imagine that their statistics tell them they get a lot more british foreign visitors than others.
You’re spot on! Universal probably sees a ton of Brits heading to their other parks, which must be a big factor in their decision. They know the demand is here, so it makes sense they’re seriously considering setting up shop in the UK.
Is the UK a real option now? The domestic market is not sufficient to sustain a park of this size. Universal require visitation from the broader European market to make the park viable and with so many barriers to inbound tourism having arisen due to Brexit (The new entry standards being imposed in line with the European ETIAS system for example). Inbound tourism has fallen since Brexit from a peak in 2017 of 41 million to 38 million in 2023 - I suspect this will be an issue for Universal along with weather and wider European transport links, let's hope the UK government is responsive.
*Don’t fuck this one up, Labour. This could be our big chance to recover from the recession.*
We are not in a recession.
We did have one though over covid @@phutton
@@zenthous9568 that’s irrelevant. We had one in the 1980s 1990s and 2000s also. We are not in recession at the time the comment was posted.
@@phutton fair, but i just think the commenter is making the point that this could boost the economy quite a bit since it hasnt been great after liz truss
Universal already have connections with portaventure Spain
Nope they sold all their shares in 2004, tussuads pulled out first (the money they got back was a return on investment they bought Thorpe Park with, and reinvested the rest at alton), then busch sold their stake and lastly universal pulled out, but residual deals for characters remained, universal I think bought buschs stake, it's now entirely run by the Spanish original investors.
I’m starting to believe this is about to fall through.
I hear you, and it’s tough not to feel that way with all the delays. But let’s stay hopeful-these things can take time, and there’s still a lot of support behind the scenes. Fingers crossed it all comes together!
Companies just trying to play hardball with the government to see if they can pad their margins. Government needs to be willing to invest in the infrastructure but to have some penalty clauses if the company walks away from the deal its not the taxpayer thats only losing out. Anywhere if it falls through after they expand the transport infrastructure...Ideal site for one of the new towns.
I’m with you on that! It’s all about making sure the government invests smartly, but also has some protections in place so taxpayers aren’t left hanging if things don’t work out. And yeah, if the transport upgrades happen but Universal doesn’t, using the site for a new town could be a solid backup plan. Appreciate the idea!
Why would anybody in government be against this will generate billions for the economy. All it needs is some simple infistructure investment in return
If it was a Tory government i would be more confident of a positive outcome but this Labour Government have so far been a waste of space messing everything up.
have you forgotten the last 12 years?
@@a_skellington The Tories are useless too but are pro business and would be more likely to offer tax breaks for Universal. Lets see what happens as i want this developed here.
@@a_skellington I'm guessing it's a kid who can't remember a time before the Tories came in and ruined the country.
There as bad as each other