Subsidy Proposal for UDX Reviewed by DCMS

The Subsidy Advisory Unit (SAU) has published its final report regarding the proposed £400 million subsidy to UDX Development Company Limited by the Department for Digital, Culture, Media and Sport (DCMS). This analysis examines the subsidy’s compliance with the Subsidy Control Act 2022. The request for the report was accepted on June 30, 2026, and completed on August 12, 2026.

Context of the Subsidy and Objectives

The DCMS plans to grant a £400 million subsidy to UDX to facilitate the construction of a theme park and resort in Bedfordshire, contributing to a total investment project of over £6 billion. The aim of the subsidy is to cover part of the capital expenses related to the park's opening. This move is part of a broader strategy from the UK to promote investment in the creative industry and generate economic growth.

Expected Economic Impact

The proposed theme park is expected to bring significant benefits both regionally and nationally, estimating a boost of £50 billion to the economy and the creation of around 28,000 jobs in the creative, hospitality, and construction sectors. Additionally, it is anticipated that it will attract over a million additional visitors to the UK each year.

Subsidy Control Procedure

The subsidy, part of the Exceptional Regional Growth Fund, will be monitored under a Grant Funding Agreement, detailing the financed activities and eligible expenditures. The payment will be made during the official 'Grand Opening', starting in April 2031. This agreement will seek to ensure that the project meets the British government's investment objectives.

Third-Party Participation in the Process

Interested third parties are invited to submit their comments on the SAU's subsidy evaluation. Submissions must be made before the established deadline and must include consent to share the information with the DCMS. It is important to indicate which parts of the submission are confidential, as this information may be used in the published report.

To submit comments, interested parties should contact the DCMS using the provided email address and specify in what capacity they are submitting their presentation.