Business
Universal UK theme park could rival Disneyland Paris in size
Danny FullbrookBedfordshire, Hertfordshire and Buckinghamshire
Universal Destinations & Experiences/ComcastUniversal Studios’ UK theme park was given the green light this week, a decision creating buzz for families up and down the country who might one day want to go.
After months of discussions, Secretary of State for Housing, Communities and Local Government Steve Reed gave planning permission for the park to be constructed in Kempston Hardwick, close to Bedford.
This isn’t just another attraction – it’s an attempt by the US entertainment giant to build one of the biggest theme parks in the world.
Universal mentioned in planning documents that a country like the UK should have at least two global theme parks, and this project was described as a “generational opportunity”.
But can Universal pull off something of quite this scale, going up against the likes of Disneyland Paris? As BBC News heard from locals, it might be a tall order – and not everyone is happy.
Bloomberg via Getty ImagesLiving on the doorstep of a theme park
“They haven’t bought enough land; what they should be buying is 2,000 acres somewhere and put their theme park in the middle,” says Claudia Pixley, 46, who lives in a bungalow on the road where the theme park entrance will be built.
“But as it happens, some of these roads around here are tiny village roads.
“Anything goes wrong on the M1 or the A421, this whole area is at a standstill… and then you want to put Universal Studios in the middle of that.”
She describes the project as “absolute madness” and says representatives of Universal have approached her about buying her home, where she’s lived for the last decade, but she wants to stay put in her “little slice of Eden”.
Nicola Haseler/BBCShe may well be one of few people in the area unhappy about the new park. According to Universal, in the Bedford area 92% of those who responded to its survey of 6,000 people were supportive of the development.
But it raises an interesting point about what might and might not be achievable in the grand vision for Universal UK to rival some of the biggest and best current theme parks.
Slated to open by 2031, the park is expected to draw 8.5 million annual visitors and could feature the tallest rides seen in Europe. The total size of the resort would be 268 hectares (662 acres), with the theme park 96.7 hectares (238 acres).
By comparison, Disneyland Paris is by several estimates just under 52 hectares (130 acres), though some of Disney’s other parks worldwide are far larger.
NurPhoto via Getty ImagesUniversal said its UK visitor numbers were expected to rise to 12 million by 2051, which could make it the most-visited park in Europe by today’s standards. According to Forbes, Disneyland Paris held that title last year with 10.2 million visitors.
However, even at opening, 8.5 million is more than three times the attendance of the UK’s biggest parks today:
- Legoland Windsor Resort, Berkshire: 61 hectares (150 acres), 2.42 million annual visitors (2023)
- Alton Towers, Staffordshire: 222 hectares (550 acres), 2.35 million annual visitors (2023)
- Thorpe Park, Surrey: 200 hectares (490 acres), 1.62 million annual visitors (2023)
- Chessington World of Adventures Resort: 52 hectares (128 acres), 1.5 million annual visitors (2022)
Can Universal UK shake things up?
For content creator Theme Park Kate, who specialises in theme parks and attractions on TikTok, Universal’s future attraction could be “a huge game changer within Europe” and the ambition with its size and rides is realistic.
“It will potentially be a theme park that can compete with the popularity of Disneyland Paris, which has dominated the European theme park market for many years now,” she tells BBC News.
The theme park fan speculated that the park would benefit from using intellectual property (IP) that has not been used at other locations around the world.
Theme Park KateShe adds: “Harry Potter has been done now at various Universal parks, but a new IP like the rumoured James Bond or Lord of the Rings will be unique to the park and bring in a large amount of fans that will want to see these brand new experiences for themselves for the very first time.”
Last year, a source told the BBC that the new park could include James Bond, The Lord of the Rings, Paddington and Jurassic World-themed rides – although a Universal spokesperson said it was too early to confirm this.
Theme Park Kate is hopeful this could have a ripple effect of boosting the country’s existing parks and forcing them to “step up their game” to match Universal.
YouTuber Jack Silkstone, who visits theme parks around the world, agrees with the sentiment. He lives “next door” to Thorpe Park – and his message to any unhappy Bedford residents like Claudia is that living on the doorstep of a theme park is “honestly a dream”.
Jack Silkstone“Everyone has some form of connection to the park – whether they work there themselves, they know someone that works there, they love to visit, or they aspire to work at the park when they’re older,” he says.
“It creates a real sense of community that then spills out into the wider surrounding towns.”
Jack sees the projected scale of the Universal UK park as a huge oportunity for the UK’s economy, and seems confident that the company can pull off its aims for scale.
“We’re very lucky, we’ve got some amazing, classic theme parks already in this country. But Universal are global leaders in the theme park industry; they do it different.”
‘Winners and losers’
Universal said it expected to directly create 8,050 jobs when it opens, with many staff coming from the surrounding areas.
Wixams, a town which will border the new theme park, will also get an upgraded four-platform railway station as part of the proposals.
Despite the concern expressed by some like Claudia that the area may not be able to cope with an influx of visitors, Bedford borough councillor Marc Frost says councillors have been assured that traffic surveys are complete and road infrastructure will be in place.
Universal’s engagement with local officials suggested they “genuinely want to work and get on with their neighbours”, he adds.
Another consideration for those in the local area is property prices – and some could fare better than others here, too.
Nick Kier, a partner at Lane & Holmes estate agents, says he already knows of some people who have already bought property close to the Universal site, which they plan to rent out to visitors in the future.
He explains “there are definite winners and losers in this scenario” and “you cannot expect, with that amount of investment coming in… that the prices won’t go up”.
“The people who are living here for a completely other reason will find it more expensive… That’s the losing side.”
At the same time, he acknowledges that local hotels for miles would be likely to benefit.
What’s clear is that the Universal park could dwarf much of its competition if all goes to plan, and while the impacts can be a double-edged sword, many are keen to see what its opening brings.
Business
Bitcoin dips below $70,000 amid gold demand and economic worries – SUCH TV
The price of Bitcoin fell below $70,000 on February 5, down 44% from its October 2025 high of $126,210, as investors shift interest to gold and global economic concerns rise.
Earlier in the day, Bitcoin briefly touched $63,000 before closing at $70,000.
Last week alone, its value dropped more than $20,000, reducing it by almost a quarter.
Compared to four months ago, Bitcoin has now lost about half its peak value.
Analysts say investor interest in Bitcoin is waning, with growing pessimism surrounding the broader cryptocurrency market.
Business
Gold, Silver ETFs Sink Up To 10% As Precious Metals Rout Deepens; What Should Investors Do Now?
Last Updated:
Silver and gold-linked commodity ETFs extended their slide, falling as much as 10%, tracking sharp drop in precious metal futures on the MCX

Silver ETFs
Silver and gold-linked commodity ETFs extended their slide on Friday, falling as much as 10%, tracking a sharp drop in precious metal futures on the MCX for the second straight session.
The decline came amid a global sell-off in technology stocks and a strengthening US dollar, which wiped out most of the gains from a brief rebound earlier in the week.
Silver ETFs lead losses
Kotak Silver ETF was the worst hit, tumbling 10%, while HDFC Silver ETF, SBI Silver ETF and Edelweiss Silver ETF declined about 9% each. Bandhan Silver ETF limited losses to around 6%.
Among gold-linked funds, Angel One Gold ETF slipped 8%, while Zerodha Gold ETF fell about 5%.
Volatility persists after steep correction
Hareesh V, Head of Commodity Research at Geojit Investments, said gold and silver continue to witness heightened volatility after last week’s sharp selloff. The correction was driven by hawkish US Federal Reserve expectations following Kevin Warsh’s nomination, a stronger dollar, and steep margin hikes by the CME that forced leveraged positions to unwind. Profit-taking after record highs further amplified price swings, keeping sentiment fragile.
He advised bullion investors to remain patient and avoid reacting to short-term volatility driven by margin hikes, profit booking and policy uncertainty.
“Gradual, staggered accumulation can help manage timing risks, as long-term fundamentals such as geopolitical tensions, central bank demand and currency pressures remain supportive. Closely tracking the US dollar and upcoming Federal Reserve signals is crucial in this phase of elevated volatility,” he said.
MCX futures slide sharply
In Friday’s session, MCX silver futures for March 5 delivery plunged 6%, or ₹14,628, to ₹2,29,187 per kg. Gold futures for April 2 delivery also weakened, slipping ₹2,675, or 2%, to ₹1,49,396 per 10 grams.
Globally, silver remained extremely volatile. Prices rebounded as much as 3% after plunging 10% to below the $65 level, a more than six-week low. Despite the bounce, silver was still down nearly 16% for the week. In the previous week, it had fallen 18%, marking its steepest weekly decline since 2011.
Margin hikes add pressure
The selloff spilled into domestic ETFs after sharp margin hikes in precious metal futures. On Thursday, commodity-based ETFs dropped as much as 21%, led by silver ETFs, while gold ETFs declined up to 7%.
Margins on silver futures were raised by 4.5% and on gold futures by 1% effective February 5, followed by an additional hike of 2.5% on silver and 2% on gold on Friday. As a result, total additional margins now stand at 7% for silver futures and 3% for gold futures from February 6.
“Markets often see sharp corrections after extended rallies. Broader risk sentiment and geopolitical cues can trigger profit booking in commodities, especially where positioning has been crowded,” said Nirpendra Yadav, Senior Commodity Research Analyst at Bonanza.
However, he added that industrial demand for silver remains strong, with a tight global supply environment and persistent deficits supporting prices over the medium to long term. Short-term intraday swings, he said, do not alter the long-term outlook.
Trade deal, macro cues in focus
Ross Maxwell, Global Strategy Operations Lead at VT Markets, said the India–US trade deal could improve risk appetite by easing supply-chain frictions and reducing tariff-linked inflation pressures.
“In this context, gold and silver will balance lower trade tensions against ongoing macro uncertainty. A clearer trade outlook can reduce risk aversion, limiting upside in precious metals,” he said.
Maxwell added that gold remains supported by concerns around inflation, currency stability and geopolitical risks, making it attractive as a strategic hedge rather than a short-term trade. Silver, he noted, also benefits from industrial demand, meaning improved global trade expectations could lend support through stronger manufacturing activity.
“While reduced tariffs may dampen fear-driven buying, both gold and silver are likely to remain structurally firm as long as economic and policy uncertainty persists,” he said.
February 06, 2026, 12:08 IST
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Business
Pakistan Stock Exchange sees sharp decline in share prices – SUCH TV
Pakistan Stock Exchange (PSX) on Friday saw a sharp decline in share prices on the last day of the trading week amid profit-taking by investors.
After a brief period of gains at the market’s opening, the KSE-100 experienced a sharp decline.
It lost over 1467.24 points or -0.74 percent, falling to 186,364.84, losing three key psychological levels during the trading session.
Investors are closely watching the market amid the ongoing volatility.
Out of 564 active companies in the ready market, 163 advanced, 267 declined, while 134 remained unchanged.
On Wednesday, the benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX)witnessed a bullish trend, gaining 931.34 points, a positive change of 0.50 percent, to close at 187,832.08 points.
During the session, the ready market recorded a trading volume of 1,195.264 million shares with a traded value of Rs 44.102 billion, against 848.559 million shares valuing Rs 50.026 billion in the previous session.
Out of 483 active companies in the ready market, 246 advanced, 188 declined, while 49 remained unchanged.
K-Electric Limited topped the volume chart with 590.867 million shares, followed by Waves Home Appliances with 36.307 million shares and First National Equities with 32.938 million shares.
The top gainers included Nestle Pakistan Limited, which rose by Rs 75.39 to close at Rs 7,906.13, and Unilever Pakistan Foods Limited, which gained Rs 68.36 to settle at Rs 27,208.17.
On the losing side, Blessed Textiles Limited declined by Rs 67.48 to close at Rs 607.29, while Sazgar Engineering Works Limited fell by Rs 30.58 to close at Rs 2,271.47.
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