Latest E news for Reading

March 2018

Business News

Top 25 European city of the future
Reading has been ranked 25th among all European business cities for foreign direct investment (fDI) in the bi-annual report published by the Financial Times. The bi-annual FDI European Cities of the Future Awards 2018/19 rank cities of all sizes across Europe against a number of business criteria to assess the attractiveness of each location for future investment. Read more

Reading; a creative profile
Nesta's The Creative Nation 2018 highlights Reading's burgeoning creative sector. Reading has the 4th highest number of people employed in creative industries (44,405) - more than Bristol, Cambridge and Brighton combined. Many of those jobs are in software and digital sub sectors but the fastest growth is in publishing. Interrogate the report

Serviced and co-working office space expansion
A new wave of  investment in serviced offices and co-working space is coming forward in Reading.  To add to Regus, Fountain House, Soane Point, Spaces and Work.life, Thames Tower have announced they have signed a deal with Fora for the bottom three floors of the building, which will include meetings space and a new co-working space while Pure are opening new serviced 16,000 sq ft of serviced offices in the Blade and there are a number of other deals under offer.

Relocating to Reading guide
With recruitment and retention of talent a key factor affecting businesses in Reading, Reading UK is producing a new digital publication designed to help promote the Reading experience and raise the profile of Reading as a good life and work choice.  Relocating to Reading is part of Reading UK’s promotion of Reading as a ‘cultural place, living base and business space’ - the publication will feature content on Reading’s key selling points as a great choice for relocation, including connectivity, housing and arts and culture. More information from Alex Brannen

Stronger Together Access to Work event
The Stronger Together Access to Work event takes place on 20 April at the Penta Hotel. A different type of job fair – it is aimed at employees who may need some extra support in the work place, whether due to a disability or lack of skills. Lots of people are eager to get into work – but may just need some help to take that huge first step. If your business is struggling to recruit fresh new talent come and exhibit at the FREE event. Supported by Matt Rodda MP and part-funded by the Building Better Opportunities ESF/Big Lottery fund. Last few spaces available – contact Sue@livingreading.co.uk for more information.

 

Arts, culture and heritage at the heart of Reading


Abbey reopening date
Reading Borough Council have announced the date for the reopening of Reading Abbey following the £3 million conservation programme - Saturday 16 June. Reading Museum opened its new Reading Galleries in February which tells the history of the abbey. A day of festivities in Forbury Gardens and the Abbey Ruins themselves on Saturday 16 June will herald the re-opening of the Abbey, ten years after it closed.  More information

Nominate Reading's best art, culture and heritage: Reading Cultural Awards announced
Nominate your favourite Reading arts events, venues, artists and organisations in the second Reading Cultural Awards. Cream Design, The Oracle, Haslams, Grant Thornton UK, Jacobs the Jewellers, Reading Business Improvement District, The Banquet Kitchen & Olympia Ballroom and BBC Radio Berkshire are among the Reading businesses and organisations supporting this year’s Reading Cultural Awards.  The deadline for nominations is 20 April. Nominate at www.readingculturalawards.org

Reading Half Marathon - 18 March
There is under two weeks to go until the 35th Reading Half Marathon, sponsored by Sage. Entries are now closed for the event which showcases Reading to thousands of runners with the course taking in Green Park, South Reading, the University,  the town centre, West Reading, ending at the Madejski Stadium. The atmosphere is always fantastic and the event a great advert for Reading. See the route

 

Transport


Newbury – Reading line closes for electrification works
Monday 12 - Thursday 15 March will see the first of a number of planned closure of the rail line between Reading and Newbury as part of the electrification project. Network Rail will electrify the route between Reading and Newbury, which will allow GWR to be able to run new Electrostar trains direct between Newbury and station stops to London, as well as extend the operation of new, bi-mode Intercity Express Trains (IET) beyond Newbury to Bedwyn, and direct to Wilshire, Devon and Cornwall. The following closure dates are 23-26 April. More information

 

Investing in Reading


Science Park phase one opens
The University of Reading-owned Thames Valley Science Park has opened its doors for business as tenants move into the flagship ‘Gateway’ building. The building is part of a £35 million investment in the Science Park and is the first to open. It provides 70,000 square foot of flexible office and laboratory space for around 20 technology-led companies ranging from early stage start-ups to global research and development centres. These include companies such as BioInteractions Limited, Covance, Sage People and Clasado BioSciences. More information

Station Hill deal?
Property Week has been reporting Texas-based Lincoln Property Company is in advanced negotiations to buy the Station Hill site from Benson Elliot and Stanhope for around £70m. The Station Hill site is the key piece of the Reading town centre redevelopment jigsaw. It has the potential to provide a stunning first impression of Reading, one appropriate to Reading’s status as a top 25 European city economy. Reading UK welcomes new investment which would unlock the future of the site and help deliver the approved scheme to deliver an important part of Reading’s future office pipeline as part of an ambitious mixed-use development.

 
 
 
 
 
 
 
 
 
 
 
 
 
 

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