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Having taken a pounding of late Portsmouth’s maritime and boat building industry received some much needed good news today. A 3270m contract to build Royal Navy torpedoes has been secured which will guarantee 100 new jobs.
An artist impression of what Southampton’s new Red Funnel Ferry terminal will potentially look like has been released. Final plans are yet to be signed off with the proposal going in front of the public next week.
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.
During the past nine months numbers of 'zombie businesses' have increased from 5000 to 23,000 in the south east. Experts have warned the outbreak is a result of firms trying to run before they can walk – a recipe for disaster.
Plans to create more jobs and boost the Solent's marine industry have been given a serious lift after a million pound fund was launched at the PSP Southampton Boat Show last week. Maritime businesses will be able to bid for cash to improve skills, develop proposals, create new jobs and contribute to the sector’s growth in the region.
Wiggle have been part of the Portsmouth business scene for many years – growing exponentially the company continues to be extremely successful. Based in Portsmouth’s North Harbour, the online bike retailer has confirmed it’ll be moving its distribution centre to Bilston in the West Midlands.
If shipbuilding returns to Southampton, after BAE Systems’ recent departure from neighbouring Portsmouth, and the last shipbuilders in S’ton relocated to Pompey over 10 years ago, many would say this was ironic. And yet it’s exactly that situation which could be likely for the city’s Centenary Quay development.
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.
An original part of Sainsbury’s Basingstoke depot recently underwent the final stages of demolition to make way for a new modernised facility that is costing the supermarket giant £100million.
In a bid to reduce congestion on the M27 major work starts today commencing with upgrades to junctions three and five. As part of a government backed £317m scheme additional lanes will be added to some approach roads and roundabouts with new traffic signals installed.