Last year a consultation process was held regarding the redevelopment of Portsmouth’s former Tricorn site. Plans about the transformation have been discussed for almost 10 years with plenty of enthusiasm for the project – a new leisure and shopping complex would be welcome.
A downturn in trade has seen the approval of Palmerstone Road, Southsea (Portsmouth) to be opened to one way traffic from the seafront. Approval by Portsmouth City Council has been met with praise and criticism. Pubs in the area suggest the move will deter pedestrians from stopping there.
Hampshire’s economy is set to receive a huge £350m boost after The Solent Local Enterprise Partnership secured £124m of government money. This cash injection aims to create new homes and revitalise the economy by providing thousands of new jobs.
David Cameron announced today that Ben Ainslie’s proposed Portsmouth America’s Cup base will receive 7.5m of government funds to help get the project 'off to a flying start'.
The MOD has struck a £70m deal that safeguards 100 Portsmouth shipbuilding jobs with BAE Systems. After months of turmoil and uncertainty about the cities future within the industry this is good news and will see a two year contract round off construction of six new Type 45 destroyers.
Plenty of supporters turned out for last night’s meeting with legendary Olympic sailor Ben Ainslie as he outlined plans for his bid to bring the Brit America’s Cup base to Old Portsmouth. The meeting took place at Portsmouth Cathedral where champions to the cause rallied round to make their feelings known.
A meeting set to take place at Portsmouth City Cathedral tomorrow to discuss how Olympic sailor Ben Ainslie can bring his America’s Cup Sailing Team to the city is still due to go ahead. A number of objections from residents have cropped up regarding the site in Old Portsmouth and this is a chance to get concerns out into the open.
One of Portsmouth’s longest standing businesses, Hadley Shopfitters, has announced it will be making 80 of its staff redundant. Having traded for more than 90 years, and with contracts with John Lewis and Harvey Nichols, the company has decided to axe jobs.
Two young apprentices and staff members were called into the companies head office where the news was broken yesterday.
Portsmouth’s shipbuilding industry has been taking a battering of late. Ever since BAE Sytems confirmed the axing of jobs in 2013, and moving operations to Scotland, the city has been on tenterhooks and desperate to secure commercial contracts.
Union leaders are calling for the spate of redundancies at Portsmouth’s shipbuilding facility to be put on hold until after Scottland’s independence referendum. Although 940 jobs were confirmed as being axed last November, Michael Fallon has been put under pressure to encourage BAE Systems to wait until after September and the future use of the shipbuilding facility has been decided.