UDX Development's £400M UK Subsidy Reviewed by SAU

The UK Government has proposed a £400 million subsidy to UDX Development Company Limited for establishing a new theme park in Bedfordshire. This proposed grant is undergoing review by the Subsidy Advice Unit (SAU) under the Subsidy Control Act 2022.

The Subsidy Review Process

On 30 June 2026, the Department for Culture, Media and Sport (DCMS) requested the SAU to evaluate the subsidy plan. The report was published on 12 August 2026 after completing an assessment within 30 working days. This evaluation reviewed whether the grant complies with subsidy control requirements.

Key Details of the Proposed Grant

The intended subsidy, given through the Exceptional Regional Growth Fund, is a strategic effort to support UDX's £6 billion investment in the UK. The grant will aid in capital expenditures crucial for the theme park's development. Additional government support elements are outside this SAU referral.

Economic Impact

This ambitious project, in line with the UK's Modern Industrial Strategy (2025), is expected to create 28,000 jobs across various sectors. It promises to enhance the UK’s economy by approximately £50 billion and attract an additional million visitors annually.

Framework and Compliance

The subsidy will be governed by a Grant Funding Agreement, detailing eligible expenditures, and payments are scheduled for after the park's opening no earlier than April 2031. The SAU's review ensures adherence to subsidy requirements while promoting transparency.

Third-party Submissions

The SAU invites third-party opinions on the compliance assessment. Submissions, which must allow for sharing with DCMS, must be sent in by the specified deadlines. Contributors are urged to provide unredacted versions of their submissions directly to DCMS for consideration.

For further information regarding confidential submissions and media inquiries, parties should refer to the SAU guidelines.

Anticipated Outcomes

As one of the largest ventures in the region, the project aligns with the Plan for Change, aiming to drive substantial industry growth. The government's backing reflects its commitment to expanding investment in the creative sector.