Saturday, February 8, 2014

Branson on Thames Valley - February 2014

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As the economy picks up speed so the performance of the Thames Valley gathers pace with the high technology companies responding to the milder climate.

Indeed the hard times of the past few years has helped the area and its occupiers to respond to a different business world. What has emerged more clearly in the past few years is that people prefer to be in town centres rather than business parks.

That means better public transport, particularly railways.

To be fair the Thames Valley is now experiencing investment in transport links and redeveloped rail stations (such as Reading) with Crossrail also on the horizon.

The improvement is widespread with a surge in Bracknell and a return to form of Reading and Slough together with a stronger case for Basingstoke. West London continues to grow strongly with Uxbridge and Chiswick doing well and plans for a big town centre scheme in Ealing.

That is being helped by the performance of Heathrow and the immediate area with new schemes and investments. That scenario could be damaged because of uncertainty about airport expansion although the early indicators point to another runway at Heathrow.

What is certain is that if Boris Johnson’s plan for a Thames Estuary airport happens the damage in West London (and indeed the whole Thames Valley) would be enormous.

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