Latest E news for Reading

March 2017

Latest intelligence

Reading economy health check

The annual health check for the UK's cities, Cities Outlook 2017, again ranks Reading in second place to only London for the economic contribution per worker, average workplace wages and the number of businesses per capita. Reading also performs strongly for innovation, business start-ups, employment levels and qualifications. Find out more.

Top 10 ICT investment city
Reading has been ranked 9th in Europe for ICT foreign direct investment by population. The FDI Markets sector ranking also puts Reading above all other UK cities except Belfast per capita . Find out more.  PWC are reporting a recruitment issue for the technology sector with only 27% of female students potentially considering a career in technology.

Get the full facts on the Reading economy
Reading UK CIC compiles a summary of all the key economic data on Reading. Visit to find out more.


Relocation and development

P&G new Innovation Centre in Reading
Procter & Gamble have gained planning permission to develop an Innovation Centre at their site at 452 Basingstoke Road. The research and development facility will relocate staff from other P&G facilities in the region and will comprise laboratories, offices, and storage warehousing.

New owners for Reading Bridge House
Topland have bought the Thames-side office building for £35m.

Work.Life at The White Building
A new offer for Reading - co-working office space. Hot desking and private offices for freelancers and bigger businesses, sitting and standing desks, sound-proofed phone booths, collaborative spaces and quiet retreats, mood rooms, and facilities on a rolling monthly membership basis or to hire by the hour open at this Spring on the ground floor of the White Building on Kings Road. Read more.

First tenants confirmed for Thames Tower
Austin Fraser will be moving around the corner to become the first tenants of the re-modelled Thames Tower when it opens this Spring. They have taken the 11th floor of the 14 storey building opposite the station.

Macquarie to Rplus?
The Thames Tap newsletter are reporting that the Australian-owned finance company will be moving some of their staff out of London to the RPlus building opposite the station.

The Foundry at Weldale Street
Proposals to build up to 500 flats on the site of Wickes and Iceland in Weldale Street have been launched.  The Foundry would abut the recently completed Chatham Place residential development. Read more in Getreading


Retail news

Wrap it Up
A new opening in Duke Street is providing wraps with fillings from around the world. More.

7 Bone Burger
New meaty fare has arrived in St Mary Butts  - the fourth outlet of this young American comfort food chain. More.

A new Korean restaurant is scheduled to open in The Village on King Street later this month. It joins the Thai restaurant Bolan, which opened last year, and long time tenant restaurant Dolce Vita.   

The Botanist
The Botanist is currently fitting out the former bank building on the corner of King Street and the bottom of Market Place. See what is coming

Purple Flag status for Reading
Led by Reading BID, Reading has achieved Purple Flag status, a kite mark for the appeal of town and city centres between the hours of 17:00 and 05:00. Areas awarded the Purple Flag are recognised for providing a vibrant and diverse mix of dining, entertainment and culture while promoting the safety and well being of visitors and local residents. Read more.

Blue Collar Street Food Market
Reading town centre's new Wednesday street food market is going from strength to strength and has now renewed its license for another 12 months. The Blue Collar Street Food Market complements the more established Friday CHOW.


Reading UK CIC

Reading UK magazine
The new issue of Reading's B2B glossy magazine  has been published by Reading UK CIC. Focusing on the quality of the lifestyle offer for people working in Reading and key business relocation drivers, the magazine is designed to support business retention and inward investment. Read the online version which covers Reading culture, heritage, architecture, food trends and office spaces.

Eat Reading 2017
Reading UK CIC has announced the dates for the eighth town centre food festival. On Saturday 3 and Sunday 4 June, Reading restaurants and street food traders will take over Broad Street to celebrate the best of local cuisine. Reading restaurants can sign up by emailing Reading UK CIC.

The benefits of apprenticeships
As part of this week's National Apprenticeship Week 2017, a two-day event on Broad Street this Thursday and Friday will be promoting the opportunities that apprenticeships provide to young people and businesses. Read more.

Pop up Business School
The third Reading Pop Up Business School takes place next week. Designed to get a new business up and running in 2 weeks, to date 30% of attendees have launched their own businesses as a result. Supported by Reading UK CIC, The Oracle and DWP, it is free to attend. Read more.



Buses go contactless
Reading Buses have introduced contactless ticketing across its services in and around Reading, making it the first town-wide contactless bus scheme outside London. More.

Taxi rank changes
The temporary horseshoe taxi rank outside the station entrance has closed as the permanent closure of Garrard Street will mean taxis won't queue there any more. The main taxi ranks will be down the stairs alongside the Biscuit Tin and on the north side of the station.

Growth Deal for Mass Rapid Transit schemes
Thames Valley Berkshire LEP has been awarded £35.56m in the latest round of Local Growth Fund (LGF) bidding. A key theme in the Growth Deal proposal was the importance of fast, reliable and comfortable intra-urban connectivity, particularly to connect peripheral employment and housing areas to the town centres and main public transport nodes. Among the schemes it will fund are phases 3 and 4 of the South Reading Mass Transit Scheme and Phase 2 of the East Reading Mass Transit scheme.


Cultural Life

South Street reopens
Reading's alternative arts centre, South Street, has reopened following a £500,000 refurbishment including new seating, dressing rooms and a brand new purpose built bar. Read more.

Reading Place of Culture
Following on from Reading Year of Culture, a new brand and website profiles the cultural life and organisations at work in this vibrant town. Check out the website

Reading Abbey conservation starts
Work has started on the HLF-funded project to restore the Abbey ruins ahead of reopening the site to the public in 2018. Read more.

Ray Atkins: the Reading years
The exhibition of the huge painted canvases by Ray Atkins showing the previous major phase of development of Reading in the 1970s are on display in the Madejski Gallery of Reading Museum until 6 May. More.



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