UK Government Evaluates £400 Million UDX Subsidy Proposal

The Department for Culture, Media and Sport (DCMS) has proposed a substantial £400 million subsidy to UDX Development Company Limited for a new theme park and resort in Bedfordshire, with the intention of boosting economic growth and creating jobs. This assessment, crucial for compliance with the Subsidy Control Act 2022, has been referred to the Subsidy Advice Unit (SAU) for thorough evaluation.

Key Details of the UDX Subsidy

On 12 August 2026, the SAU published its report on the subsidy. This report evaluates DCMS’s compliance assessment of the proposed subsidy under the 2022 Act. The subsidy aims to secure UDX's inward investment of over £6 billion, which would enable the construction of the park. The grant will help cover early capital expenses via the Exceptional Regional Growth Fund (eRGF), contributing to the UK’s Modern Industrial Strategy (2025).

Economic Impacts

This project is anticipated to deliver various economic benefits, potentially bringing over a million more visitors to the UK annually. Additionally, it is projected to contribute £50 billion to the economy and create approximately 28,000 jobs in the creative, hospitality, and construction industries.

Compliance Evaluation Process

DCMS requested the SAU’s report on 30 June 2026 concerning the subsidy. As a "Subsidy of Particular Interest," this report assesses adherence to legal requirements. The SAU completed its evaluation within a 30-day period, ensuring compliance with the stipulated framework.

Timeline

• 30 June 2026: DCMS’s request accepted by SAU.
• 14 July 2026: Deadline for third-party submissions.
• 12 August 2026: Final report published.

Participation in the Compliance Assessment

Third parties interested in contributing to the compliance assessment were invited to submit input by 14 July 2026. Submissions needed to be shareable with DCMS and provided via the official contact email. Respondents were encouraged to send submissions directly to DCMS, while maintaining clarity on confidentiality terms as outlined by the SAU.

Terms of the Grant

The grant agreement will specify funded activities and ensure proper monitoring of expenditures. Payment is contingent on the park's grand opening, slated no earlier than April 2031.

For further information about submissions or general inquiries, parties are advised to contact the DCMS. Express consent for submission sharing and clarity on confidential information are essential aspects of this engagement.