Posts tagged Prime minister

Cameron sets out plans to boost the trades and create new jobs

David Cameron has today unveiled fresh plans to unlock the planning system which will accelerate major construction projects across England and create new jobs.

Speaking at the CBI’s conference in London, the Prime Minister said the Government will embark on radical reforms to speed up key decisions that will boost economic growth and “eliminate bureaucratic rubbish”.

In a wide-ranging keynote speech, Mr Cameron said the UK was in the “economic equivalent of war” but hailed signs that Britain was again “selling to the world”. “Frankly, we need this buccaneering, deal-making, hungry spirit now more than ever,” he said.

The prime minister said he had taken “massive steps towards leaner, faster government” but acknowledged that more needed to be done to speed up decision making.

“We urgently needed to get a grip on this,” he said. “Whitehall had become too risk-averse – too willing to say ‘no’ instead of ‘yes’”.

Mr Cameron said the Government would restrict the use of “time-wasting” judicial review applications and reduce the time limit for people to bring their cases as well as charge more for reviews.

He also pledged to stop a “new torrent of rules and regulations” from Brussels that threatened to slow the development of county’s economy, pledging to ensure that new roads and infrastructure projects are build more quickly and efficiently.

You can read the full speech of Prime Minister David Cameron from here.

Land Securities’ boost for UK jobs and the trades

Land Securities has been given the go-ahead to start a £350 million Kingsgate redevelopment that will create 2,500 jobs throughout its construction and boost the trades.

The announcement comes after the Prime Minister, David Cameron, visited the site and showed his support for the project in an attempt to prevent planning levy for local infrastructure being double-charged and cut red tape.

David Cameron said: “Already the changes we are making to the planning system are having an impact, with Land Securities giving the go-ahead to a major multi-million pound investment, supporting thousands of jobs in our construction industry.”

The scheme is designed by Lynch Architects and it comprises of two new buildings: The Zig Zag Building, a 190,000 sq ft office building over 14 floors with a staggered façade; and Kings Gate, a 12 storey residential building comprising 100 apartments.

Both buildings will provide a new and enhanced retail space with 45,000 sq ft of space, together with considerable improvements to the public realm benefitting the wider Victoria area. The buildings are planned to complete in summer 2015.

Robert Noel, Chief Executive of Land Securities said: “It is heartening to know that the Government has listened to the industry and acted to remove some of the uncertainty in the planning process.

“It enables us to progress with developing the former Kingsgate House site and continue to transform Victoria into a distinct and vibrant West End hub where people choose to live, work and visit.

“Our experience with our current developments demonstrates that Victoria is proving attractive to potential occupiers. This project will further add to its appeal.”

The scheme will also provide an affordable housing contribution of £11.6 million which will be directed towards the provision of affordable development in the Westminster area.

What is your reaction to the multi-million development that will pave the way for new trade jobs? Share your thoughts by commenting here or raising your voice on our Facebook and Twitter pages.

Clean Energy of Northern Seas to Boost the Renewable Industry

Over forty organisations have today joined forces to set out a long-term vision for the development of offshore wind in the northern seas that will boost the green economy and create new jobs.

The new network, called Norstec, includes world leading manufacturers, cutting-edge developers, supply chain firms as well as industry bodies representing the trades.

Its mission is to maximise the energy potential generated across the northern sea region which will benefit businesses in the renewable industry and boost the trades.

Prime Minister David Cameron, who first introduced Norstec at the Clean Energy Ministerial in April, emphasised on the benefits offered by the production of clean energy and encouraged the use of renewable resources.

Mr Cameron said: “I continue to be strongly supportive of the UK offshore renewables sector and am delighted to see Norstec rising from the waves.

“As I said, when I launched this network last April, we are on the cusp of a second, clean energy revolution in the North Sea. Close collaboration between industry and government will be critical to making this happen.”

Energy and Climate Change Secretary, Edward Davey, said: “The offshore wind industry represents a massive growth opportunity for the UK and our neighbours around the northern seas, bringing jobs and re-energising once thriving industrial heartlands on the East Coast and beyond.

Mr Davey said that the Government is determined to work closely with businesses in order to make the most from offshore renewable resources.

He said: “Norstec will help the offshore wind industry in the northern seas to grow and create a new industrial revolution, driving economic growth across this part of Europe. I’m delighted to see the potential for offshore wind deployment in the northern seas set out so clearly and vividly.”

 

Olympic and Paralympic Success to Boost Business Growth

Trade Minister Lord Green and Olympic Ambassador Sebastian Coe vowed today to build on the success of the Olympics and Paralympic Games by working with industry to promote British skills around the world.

An Olympics Legacy programme of trade missions and companies in the building construction sector will build on the successful completion of the Olympic venue which is set to bring £13 billion to the UK in the coming months and years.

Olympics Legacy Ambassador to the Prime Minister, Sebastian Coe, said that the Olympic legacy which London 2012 left is ‘once-in-a-lifetime’ opportunity to showcase British business excellence to the world.

Coe, who is also a double Olympic Champion and 12-time world record holder in athletics, said: “The extraordinary success of the London 2012 Games has shown the best of Britain to the world and now our focus turns to securing a lasting legacy. We have already witnessed the incredible regeneration of east London, with world class facilities and a new urban park created.

“We now need to ensure that organisations up and down the country use the positive impact generated by the Games to reach out to new markets and grow their businesses.

“The British Business Embassy at Lancaster House has brought together business leaders from the UK and all over the world in a showcase of Britain’s industrial strengths and successes.”

Trade and Investment Minister, Lord Green, said that the Games have provided excellent chance to enhance Brittan’s business links with the rest of the world that will bring significant investment to the economy.

Mr Green said: “The British Business Embassy has hosted 4,000 business people from large and small firms alike. The connections they have made will deliver real economic dividends.

“We are now working hard, alongside firms around the country to follow up the contacts, networks, announcements and momentum created by the Games.”

New Trade Jobs as Cameron and Clegg Boost Planning Reform

“Deputy Prime Minister Nick Clegg says on TV that the Government’s planning changes are boost to solo traders in the trades”

The government is easing the planning rules on extending homes in England as part of a package to boost housebuilding and stimulate economic growth.

The Prime Minister and Deputy Prime Minister have announced a major housing and planning package which is set to build 70,000 new homes and create up to 140,000 construction jobs.

Speaking to BBC News this morning Nick Clegg said that people will be allowed to build up to 8-metre larger extensions to their houses without needing a planning permission. He argued that the relaxation of the planning regulations will create jobs and boost those professionals who are already working in the trades.

Clegg said: “The planning changes mean that people will get the local builder to extend their kitchen or conservatory which will create jobs and stimulate economic activity.”

The Deputy Prime Minister said that the package announced today includes investing hundreds of millions of pounds into building more affordable homes as well as a £40 billion guarantee for infrastructure projects to support the building construction industry.

The Prime Minister, David Cameron, said in a statement that the Government’s announcement will help people to build new homes and ‘kick-start’ the economy.

Mr Cameron said: “We’re determined to cut through the bureaucracy that holds us back. That starts with getting the planners off our backs, getting behind the businesses that have the ambition to expand and meeting the aspirations of families that want to buy or improve a home.”

Housing stimulus package includes:

  • Removing restrictions on house builders to help unlock 75 000 homes currently stalled due to sites being commercially unviable. Developers who can prove that council’s costly affordable housing requirements make the project unviable will see them removed.
  • New legislation for Government guarantees of up to £40 billion worth of major infrastructure projects and up to £10 billion of new homes. The Infrastructure (Financial Assistance) Bill will include guaranteeing the debt of Housing Associations and private sector developers.
  • Up to 15,000 affordable homes and bring 5,000 empty homes back into use using new capital funding of £300m and the infrastructure guarantee
  • An additional 5,000 homes built for rent at market rates in line with proposals outlined in Sir Adrian Montague’s report to Government on boosting the private rented sector
  • Thousands of big commercial and residential applications to be directed to a major infrastructure fast track and where councils are poor developers can opt to have their decision taken by the Planning Inspectorate.
  • Calling time on poor performing town hall planning departments, putting the worst into ‘special measures’ if they have failed to improve the speed and quality of their work and allowing developers to bypass councils. More applications also will go into a fast track appeal process.
  • 16,500 first-time buyers helped with a £280m extension of the successful ‘FirstBuy’ scheme, which offers aspiring homeowners a much-needed deposit and a crucial first step on the housing ladder.
  • For a time limited period, slashing planning red tape, including sweeping away the rules and bureaucracy that prevent families and businesses from making improvements to their properties, helping tens of thousands of home owners and companies.

 

Cameron says dive in for £30bn jobs boost on the Severn

Thousands of new trade jobs could be created as the Prime Minister, David Cameron, encouraged officials to reconsider plans to build a £30 billion barrage across the Severn estuary between England and Wales.

After a meeting with Peter Hain, who left his post as shadow Welsh Secretary in 2010 to back the project, David Cameron has asked ministers to take another look at the multi-million scheme which will create 20, 000 construction jobs and diversify the country’s energy supply.

It has been estimated that the 10-mile barrage from the Vale of Glamorgan to Somerset would provide 5% of the UK’s electricity demand, creating tens of thousands of additional jobs in activity around the barrage.

Hain told BBC Wales that it was a “more productive meeting than might have been expected”, revealing that “Number 10 are taking the barrage much more seriously than has been the case over the last few years”.

It is understood that much of the funding for the scheme would come from global private investors and taxpayers’ money will not be spent. According to Mr Hain, ‘several’ sovereign wealth funds have already come forward to finance the project, including investors from Kuwait and Qatar.

Mr Hain said: “Government support is an absolute pre-requisite for getting the whole project underway.

“Not a penny of taxpayers’ money would be needed for this £30bn investment, which would be transformative for Wales.

“It would create 20,000 jobs in construction and another 30,000 in activity around the barrage.”

What is your reaction to the Prime Minister’s support to urge ministers to reconsider building plans for the £30 billion barrage that will create thousands of new jobs? Share your thoughts by commenting here or raising your voice on our Facebookand Twitterpage.

Good News for the Trades as the Government Unveils a £9 Billion Investment in Rail Infrastructure

“Growth-boosting railway projects to help for the creation of new electrical, plumbing and engineering jobs”  

The Government has announced a £9.4 billion infrastructure investment package that will deliver sustainable economic growth and pave the way for thousands of new jobs for people in the trades, the Department for Transport revealed today.

The plan includes the electrification of a number of railway schemes including the Midland Main Line between Bedford and Sheffield creating new jobs in the electrical engineering sector.

Other rail improvements contributing for the creation of more employment opportunities for trade professionals including electricians and engineers, have been announced for the Manchester area, south Wales and East Coast Main Line

Prime Minister David Cameron called it the “biggest modernisation of our railways since the Victorian era” with the deputy Prime Minister, Nick Clegg, naming it as “the biggest expansion in railways in over 150 years”.

The £9 billion investment of growth-boosting railway upgrades across England and Wales will mean faster journey, more reliable services and an increased capacity for 140,000 extra daily commutes, Transport Secretary Justine Greening said in a statement.

Prime Minister David Cameron said: “From Crossrail, high speed rail and now the billions of pounds of investment we are announcing today, this government is committed to taking the long term decisions to deliver growth and jobs.

“In what is the biggest modernisation of our railways since the Victorian era this investment will mean faster journeys, more seats, better access to stations, greater freight links and a truly world class rail network.”

Chancellor of the Exchequer George Osborne commented he was pleased with the government’s decision to fund in full the Northern Hub which will help rebalance the UK economy and enable future economic growth throughout the regions.

Mr Osborne said: “This government is making more funds available to invest in rail projects than at any time since the Victorian era, and shows that the government is committed to delivering on its promises to support investment in public infrastructure that will support economic growth.”

As reported on the BBC website some of the newly announced major improvements include:

  • Electrification – completion of the Midland Main Line from Bedford to Sheffield costing £800m, local lines in the Welsh Valleys, costing £600m, and an extension of the already-announced electrification between Manchester and Leeds
  • The Northern Hub – a series of projects around Manchester worth £322m that improve northern rail capacity to get more and faster trains across the north of England
  • Upgrades to the East Coast Main Line from London to Leeds and Newcastle worth £240m to create faster journeys and capacity
  • The reopening of the east-west link from Oxford and Aylesbury to Milton Keynes
  • Electrification of the lines from London to Bristol and Cardiff, and from Manchester to Liverpool, Blackpool and Leeds
  • Upgrades to stations and tracks creating capacity for an additional 140,000 daily rail commutes at peak times, including £350m for lengthening platforms at London’s Waterloo station

 

What’s your reaction to the huge investment in rail infrastructure projects across England and Wales which is expected to boost the economy and create new jobs? Share your thoughts by commenting here or raising your voice on our Facebook and Twitter page.

 

Energy Partnership between Norway and the UK to Create New Jobs

Prime Minister David Cameron and Norwegian Prime Minister Jens Stoltenberg agreed last week a major partnership between the UK and Norway that will boost energy activities between the two countries and bring investment of millions of pounds that will create thousands of new jobs, the Department of Energy and Climate Change revealed.

The partnership between Norway and the UK is designed to secure sustainable long-term energy supplies, improve a wide range of energy activities between the two countries and encourage economic growth.

 
Prime Minister Cameron, who attended a breakfast meeting with ten leading energy companies from Norway and the UK, highlighted the importance of this partnership for closer collaboration between the two countries that will improve energy security and help economic growth.

Mr Cameron said: “The jobs and investments announced today highlight how vital the strong relationship between Norway and the United Kingdom is for our energy security and economic growth. We look forward to strengthening our partnership further, driving investment into a diverse, sustainable energy mix that delivers affordable long term supplies for consumers.”

 
Charles Hendry, UK Minister of State for Energy, said: “For many decades Norway has been one of our most trusted and valuable partners, working with us to develop North Sea resources that underpin our energy security. Mr Hendry added: “The investments and jobs announced today by British and Norwegian companies are a clear signal of the benefits of this partnership.”

Some of the commercial announcements include:
  • “Norwegian global oil services firm Aker Solutions will create 1,300 new highly skilled jobs by 2015 at its engineering hub in Chiswick. This comes on top of 1,000 new jobs it has already created in the UK over the past two years.
  • Statoil intends to invest a further £12 billion over the lifetime of the UK’s Mariner-Bressay North Sea oil fields in addition to the £6 billion they have already announced. This will lead to the creation of up to 300 new jobs in the UK in the next few years, including at a new operations base in Aberdeen, in addition to 700 UK jobs from this investment that have already been announced.
  • A new Memorandum of Understanding has been agreed between Statoil and Centrica to continue cooperation on gas supply and exploration. This builds on the £13 billion, ten year gas supply deal agreed between the two companies last November and follows the recent completion of a £1billion asset deal between the two companies that will increase Centrica’s oil and gas reserves by 29 percent.
  • The Forewind Consortium, which includes Norwegian companies Statoil and Statkraft, has confirmed its intention to develop the 9GW Dogger Bank offshore wind project off the East coast of Yorkshire, which could require up to £30 billion of investment. This project could provide more than 10% of the UK’s electricity needs. In addition to this project Statoil and Statkraft are investing around £1billion in developing the Sheringham Shoal offshore wind farm off the coast of Norfolk, which is already generating power and will be completed later this year. It will provide power to more than 200,000 UK homes when fully operational. The project employs 500 workers in the field and provides significant secondary employment.
  • Good progress is being made in two projects to build one of the world’s longest subsea electricity interconnectors between the UK and Norway, which will enable the UK and Norway to share renewable energy resources, with each project worth over £1 billion: NSN (National Grid and Statnett) and NorthConnect (SSE, Vattenfall, Agder Energei, E-CO and Lyse).
  • A deal between Shell and Gassco to strengthen UK energy security by providing British customers with more gas from Norway. By making better use of spare capacity in the UK gas transport system, Norwegian gas owners and transporters, including Shell, will be able to transport more gas from Norwegian fields via the Tampen Link to the FLAGS pipeline into St Fergus.”
What is your reaction on the established Norway-UK partnership for sustainable growth that will create thousands of new jobs in the energy industry? Share your thoughts by raising your voice here or on our Facebook page

Hague Urges Ministers to Boost Green Growth

William Hague has told ministers that the government should do more to help green industries in order to boost economic growth in Britain, the Guardian Newspaper reported today.

The Guardian has seen a private letter to the Prime Minister in which the Foreign Secretary, William Hague, called upon his cabinet colleagues to place a “stronger political emphasis” and show global leadership on the low carbon economy that will deliver green growth and create new jobs.

The letter argues that government ministers should keep a greater focus on environmental issues, boost the renewable industry which will boost economic growth and deliver modern infrastructure.

Mr Hague said: “I believe we should reframe our response to climate change as an imperative for growth rather than merely being a way of being green or meeting environmental commitments.

“The low carbon economy is at the leading edge of a structural shift now taking place globally, we need to stay abreast of this, given our need for an export-led recovery and for inward investment in modern infrastructure and advanced manufacturing.” added the Foreign Secretary.

He said: “We will not secure a binding agreement in 2015 unless the idea of low carbon growth becomes dominant across the major economies before then,” but the foreign secretary adds that “We can leverage this. But our diplomacy will only succeed if it is rooted in our own domestic narrative.”

According to the Guardian, the letter does not specifically criticise the coalition’s green agenda, and actively praises policies such as the Green Investment Bank and imminent electricity market reforms.

What is your reaction to the letter by Foreign Secretary, William Hague to help green industries boost Britain’s economy? Share your thoughts by leaving a comment below: 

Prime Minister Cameron supports the Renewable Energy Sector

Prime Minister David Cameron has welcomed a £350 million investment for energy projects which will create hundreds of new jobs across the UK, the official website of Number 10 Downing Street announced today.

The Prime Minister, who attended Clean Energy Ministerial Conference in London, told ministers from the world’s most polluting countries that he passionately believed in the rapid growth of renewable energy.

Mr Cameron emphasised the contribution that Britain has already made in the renewable energy sector, Britain has invested a total value of £4.7 billion and supported 15,000 jobs in the UK’s renewable industry

He said: “Renewables are now the fastest growing energy source on the planet. And I am proud that Britain has played a leading role at the forefront of this green energy revolution.

“Britain has gone from virtually no capacity for renewables, to seeing them provide almost 10 per cent of our total electricity needs last year. And we’ve added more capacity for renewables in the last two years than at any time in the last decade.”

The Prime Minister said: “Our commitment and investment in renewable energy has helped to make renewable energy possible. Now we have a different challenge. We need to make it financially sustainable.”

The Renewable Energy Association (REA) welcomed the acknowledgment by the Prime Minister today that the renewables are the fastest growing energy sector in the world, but said that the government should understand better the benefits of renewable energy investment, including the creation of more jobs.

The Chairman at REA, Martin Wright, said:  “There is a tendency to focus on the costs of renewables as opposed to the benefits. Renewables give us energy independence, they are totally sustainable, there is no waste, and in the long term they will provide low cost energy and, above all, price stability.”

What is your reaction to the address by David Cameron to the renewable energy sector? Do you feel more optimistic about the future of renewables in the UK? Share your thoughts by leaving a comment below:  

London Heathrow Expansion Could Go Ahead

Plans to increase airport capacity in Britain and build a third runway at London Heathrow are likely to be supported by the government despite environmentalists’ concerns.

Both David Cameron and George Osborne, have reviewed their initial decision to rule out future expansion for a third runway at Heathrow Airport. It will deal with increased trade capacity and high volume of extra passengers –the Guardian reported yesterday.

Business leaders have expressed concerns that if a third runway at London Heathrow is not built, trade might move elsewhere in Europe which could have a negative effect on future economic growth in Britain.

Expansion in some of Britain’s largest airports would create work opportunities for thousands of people in the building construction industry, creating new jobs and boosting civil engineering recruitment.

In the Budget Statement last Wednesday, Chancellor George Osborne, said the government will optimise air capacity. It is expected a report on aviation policy to be published, aiming to help businesses to trade better and make further improvement into airport capacity.

Tim Yeo, the Tory Chairman of the Energy and Climate Change Select Committee, told the Guardian that he had “completely changed” his mind on the Heathrow expansion plans and now believed there was no option but to build a third runway; this will ensure that the south of England will remain a worldwide aviation hub.

The Prime Minister said that he recognises the need for expanding airport capacity in Britain and that the government is looking at ways of helping businesses to make the most of country’s aviation capacity.

Mr Cameron said: “I’m not blind to the need to increase airport capacity, particularly in the South-East” adding, “Gatwick is emerging as a business airport for London under a new owner, competing with Heathrow.”

What is your reaction to the expansion of airport capacity at London Heathrow? Do you think construction work at Britain’s major airports will help your business? Share your thoughts by leaving a comment below: 

Significant Investment to Boost the Manufacturing Industry

The pharmaceutical giant GlaxoSmithKline (GSK) has confirmed an investment of £500 million across its manufacturing sites to increase production of its products whilst providing a major boost for the UK’s construction and manufacturing industry.

 

The company announced today it will build a new state-of-the-art manufacturing facility in Cumbria, North of England. An investment of £350 million for building the new facility would create hundreds of jobs and provide work opportunities for people in the building sector.

Building construction work is anticipated to begin within the next two years depending on obtaining the necessary planning consents. It is likely to take up to 6 years before the new facility is entirely completed.

The significant investment comes after Chancellor of the Exchequer, George Osborne, confirmed yesterday in Budget 2012, the government’s commitment to introduce a lower rate of corporation tax on profits generated from UK-owned intellectual property.

Chief Executive at GSK, Sir Andrew Witty, said: “The introduction of the patent box has transformed the way in which we view the UK as a location for new investments, ensuring that the medicines of the future will not only be discovered, but can also continue to be made here in Britain.”

Prime Minister David Cameron welcomed the investment as “excellent news” for businesses saying that cutting business tax will attract further investment to the British economy.

“It shows why we are right to cut business tax and focus on making the UK a dynamic and competitive place that can attract exactly this type of high tech investment.”- Mr Cameron said.

Additional investment of more than £100 million was also confirmed for GSK’s two manufacturing sites in Irvine and Montrose, Scotland. The company also said that it will invest in sustainable green energy production and environmentally friendly manufacturing technologies in the future.

What is your reaction to the significant investment to build new manufacturing facilities across the UK? Share your thoughts by leaving a comment on Train4TradeSkills’  Facebook and Twitter pages:

Bright Future for the Construction Sector

One of the UK’s largest building distributors, SIG, has reported a rise of 3.9% in sales of building materials for the construction industry. The positive news comes as the demand for contractors, builders and construction companies continues to rise due to a return in confidence in the housing market.

Growth figures are considered to be a result of improved trading conditions and recent government investments aiming to boost the building construction sector.

The government made the announcement this week to help up to 100,000 people in England buy their own homes. The recent scheme,‘NewBuy’, will further increase demand for new build homes and unlock the housing market, Prime Minister, David Cameron said on Monday.

SIG’s pre-tax profits reached £81.7 million when the group is planning to open more than 15 new branches in the future. The current housing shortage in the UK is expected to encourage building of more new homes as well as increase employment across the construction sector.

Chief Executive at SIG, Chris Davies, thinks that despite the current uncertainties in the macroeconomic environment the company will continue with its positive performance.

Mr Davies said: “We enter 2012 as a much leaner, stronger and more focused organisation. Sales per day in constant currency so far this year were around 1% ahead of strong prior year comparators, despite the impact of severe weather across mainland Europe in February this year.”

What is your reaction to the improved sales figures of SIG, suggesting that the construction sector is better now off than it used to be a few years ago?  Share your thoughts by leaving a comment on Train4TradeSkills’ Facebook and Twitter pages:

Cameron Supports the Renewable Industry

The Prime Minister, David Cameron, has written to 100 Conservative MPs, who recently complained about wind farm subsidies and demanded cuts to the £500 million a year, paid to the wind power industry.

The 100 MPs, who wrote to the Prime Minister last month, expressed concerns that wind farm proposals are not welcomed by local residents and that they might damage the natural landscape of Britain.

The Prime Minister shared a robust defence of the government’s plans to continue with its commitment to support renewable energy projects across the UK. Mr Cameron echoed strong support for wind farm subsidies, describing them as vital investment for the creation of green jobs and reducing carbon emissions.

Mr Cameron said: “On-shore wind plays a role in a balanced UK electricity mix, alongside gas, nuclear, cleaner coal and other forms of renewable energy, a portfolio of different supplies enhances energy security and prevents the UK from becoming over-reliant on gas imports.”

However, Mr Cameron said he sympathised with local residents’ concerns but the national interest of Britain had to be considered in order to fulfil its commitment to meet targets for renewable energy and to cut greenhouse gas emissions.

 

What is your reaction to the Prime Minister’s support for the renewable industry? Are you more optimistic about the future of wind farms after Cameron’s backing?  Share your thoughts by leaving a comment below: 

Supermarket ASDA boosts the Building Sector with a £500 million Expansion Plan

Asda, the UK’s second biggest supermarket behind Tesco, has announced that it is to open 25 new stores, extend and refurbish 43 of its existing stores and build 3 new depots this year, offering the building industry more opportunities.    

New stores are planned for Merseyside, Coventry, Gateshead in Tyne & Wear,  Nottinghamshire, Mitcham in London, Ramsgate in Kent, Shepshed in Leicestershire, Todmorden in West Yorkshire, Worcester, and Worthing in West Sussex.

The supermarket which employs over 180,000 people in 528 UK stores and depots will add over 600,000 sq ft of net selling space with its 25 new stores, this will be either as superstores, small format supermarkets or Asda Living stores.

The supermarket confirmed today that it will invest over £500m in UK stores and depots in 2012. The 25 planned new stores and the three depots will create up to 5,000 new jobs across the country. Asda expects many of those employees will be apprentices who are undertaking a City & Guilds apprenticeship.

Prime Minister, David Cameron has welcomed the announcement saying that it is good news for many people across the country who are currently looking to enter employment.

Mr Cameron said: “The additional investment and 5,000 new jobs announced by Asda today will be a real boost for the economy and more importantly for people around Britain seeking jobs.

“I also welcome Asda’s commitment to not only create jobs but invest in their staff too; offering employees the chance to join an apprenticeship scheme to gain skills which will benefit them throughout their career.”- Mr Cameron added.

Asda’s investment and job creation plans were unveiled during a UK visit by President and CEO of Walmart International, Doug McMillon, who emphasised the importance of the project for the UK.

He said:”Our continued investment is because we see a tremendous opportunity in front of us – I’m proud of the difference you’re making and that we can make an even bigger difference in the lives of our customers and the communities we serve”.

Andy Clarke, President and CEO of Asda said he is delighted for the expansion scheme which will  create new jobs and employment opportunities for people in all sectors of the UK.

Mr Clarke said: “I look forward to seeing these new stores and depots open for business and welcoming new colleagues and customers.”

 

Stores currently scheduled for 2012 opening include:

England

Bootle,Merseyside

Coventry, West Midlands

Gateshead, Tyne & Wear

Harworth, Nottinghamshire

Mitcham, Merton

Ramsgate, Kent

Shepshed, Leicestershire

Todmorden, West Yorkshire

Tunbridge Wells, Kent (opened Jan 12)

Worcester, Worcestershire

Worthing- Littlehampton Rd, West Sussex

Scotland

Inverness Slackbuie, Highlands

Larkhall, South Lanarkshire

Tain, Highlands


Wales

Bangor, Gwynedd

 

If you are living in one of the areas in which a new Asda store is to be built are you more optimistic about finding a job? Tell us how is your business going to benefit from the £500 million investment? Share your thoughts with us by leaving a comment below:  

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