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Starbucks drive-thru completes as part of old RAF airbase redevelopment

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The coffee shop will open next month after a fit-out

Left to right: Mark Badham (EG Carter), Thomas Jones (EG Carter), Ben Bond (Magic Bean), Mike Plimmer (Robert Hitchins), Mark Harries (EG Carter), Milo Trickey (EG Carter), Jacob Jenkins (EG Carter)

Left to right: Mark Badham (EG Carter), Thomas Jones (EG Carter), Ben Bond (Magic Bean), Mike Plimmer (Robert Hitchins), Mark Harries (EG Carter), Milo Trickey (EG Carter), Jacob Jenkins (EG Carter)

Work on a new Starbucks drive-thru in Kingsway, Gloucester, has reached practical completion. The coffee shop is part of a huge redevelopment scheme at an old RAF base. The masterplan for the 340-acre site includes 3,300 homes, a 40-acre employment area, community and leisure facilities, retail, sports area and primary school.

Boddington-based property and investment firm Robert Hitchins developed the 1,744 sq ft drive-thru and coffee shop, in partnership with contractors EG Carter, at the entrance to Kingsway in Naas Lane.

Michael Plimmer, senior development manager for Robert Hitchins, said: “This a major milestone for us as the new Starbucks Drive Thru represents the final phase of Kingsway’s commercial centre which Robert Hitchins has developed over recent years.

“It is great to see Starbucks join other big brands that Robert Hitchins has brought to Kingsway – including Asda, Lidl, Pure Gym, B&M, MKM and Greene King – providing excellent sustainable shopping and leisure facilities for local people and businesses in the area.”

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The Magic Bean Company – a Starbucks franchisee – has agreed a 20-year lease of the new development. The coffee shop will be fitted out and will open its doors on March 13.

Melissa Allen, central operations manager at The Magic Bean Company, said: “We’re really pleased to be a part of this exciting redevelopment and to bring Starbucks to the busy area of Quedgeley. We’re looking forward to serving the community and creating careers for local people.”

Contractor EG Carter has been working on the site since June 2025. Thomas Jones, construction director at EG Carter, said: “Reaching practical completion is a great milestone for everyone involved. This has been another well-coordinated project delivered in close partnership with our client Robert Hitchins Ltd and the wider team, and we’re proud of the quality of the finished building.

“The new Starbucks creates a strong gateway into Kingsway and will be a valuable addition for the local community. We now look forward to seeing the fit-out progress and the site come to life for customers.”

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UWE Bristol opens grant scheme for SMEs looking to scale

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Eligible business must employ between five and 249 people and be located within a 50-mile radius of the university

BRISTOL, ENGLAND - SEPTEMBER 01: Balloons take to the sky as musician Jerome Gamble plays guitar to accompany the recorded music as it is played to the city below on September 01, 2020 in Bristol, England. Created by Bristol-based artist Luke Jerram and composer Dan Jones, "Sky Orchestra  A Moment in Time" was first performed at the Bristol International Balloon Fiesta in 2003. (Photo by Finnbarr Webster/Getty Images)

View of Bristol(Image: Getty Images)

Companies in and around Bristol looking to scale up and boost productivity are being encouraged to apply for grant funding from the University of the West of England (UWE). The university has launched the next round of its Scale up 4 Growth (S4G) scheme, which is designed to accelerate the growth of small and medium‑sized enterprises across the region.

Eligible SMEs can apply for 50 per cent match‑funded grants contributing toward projects valued between £20,000 and £80,000.

S4G supports projects that help companies scale, innovate and boost productivity. Funding can be used to address specific challenges or opportunities, such as adopting new technology, developing new products or services, or increasing operational capacity.

The grants aim to support growth activity for SMEs from the UK Government’s eight high-growth sectors: advanced manufacturing; clean energy; creative; defence; digital and tech; financial services; life sciences; and professional and business services.

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All funded projects must create at least one full-time equivalent role per £10,000 of grant awarded, ensuring meaningful economic impact for the region.

Eligible businesses must:

  • Employ between five and 249 people;
  • have a turnover of under £44m or a balance sheet total of under £38m;
  • be located and deliver project activity and outcomes within a 50‑mile radius of UWE Bristol;
  • and demonstrate clear ambitions to grow, including increased employment and turnover.

According to UWE, proposals should also link to at least one of the five growth challenges facing scale-up and high-growth enterprises including finding talent; building leadership capacity; increasing sales or access to markets; accessing finance or growth capital; and accessing infrastructure.

As well as financial support, participating SMEs will receive one-to-one guidance from the S4G team.

Tracey John, director of research and external engagement at UWE Bristol, said: “We are proud to champion SMEs across the region. At such a pivotal moment for the regional economy, this programme is helping businesses unlock their potential and accelerate their growth. This area is a hub for innovation, and we’re delighted to play a role in driving that momentum forward.”

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Applications close at midday on March 12, 2026, and companies will need to complete an expression of interest via the university’s website before receiving an application pack.

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Northrop Grumman: Underwhelming Growth Today, F/A-XX Win Could Change The Story (NYSE:NOC)

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B-2 Spirit bomber carrying a heavy aerial bomb, the Massive Ordnance Penetrator

This article was written by

Dhierin-Perkash Bechai is an aerospace, defense and airline analyst.
Dhierin runs the investing group The Aerospace Forum, whose goal is to discover investment opportunities in the aerospace, defense and airline industry. With a background in aerospace engineering, he provides analysis of a complex industry with significant growth prospects, and offers context to developments as they occur, describing how they might affect investment theses. His investing ideas are driven by data informed analysis. The investing group also provides direct access to data analytics monitors.
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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Global stocks steady as US-Iran talks, AI keep market on edge

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Global stocks steady as US-Iran talks, AI keep market on edge


Global stocks steady as US-Iran talks, AI keep market on edge

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Kerry Group FY 2025 presentation: 3% volume growth drives 7.5% EPS expansion

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Kerry Group FY 2025 presentation: 3% volume growth drives 7.5% EPS expansion


Kerry Group FY 2025 presentation: 3% volume growth drives 7.5% EPS expansion

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Jesse Jackson, civil rights leader and US presidential hopeful, dies at 84

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Jesse Jackson, civil rights leader and US presidential hopeful, dies at 84


Jesse Jackson, civil rights leader and US presidential hopeful, dies at 84

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Trek to raise $15m, as moves toward extensive drilling program at Christmas Creek

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Trek to raise $15m, as moves toward extensive drilling program at Christmas Creek

Derek Marshall-led Trek Metals has announced plans to raise $15 million, in order to propel an upcoming extensive drilling program at its Christmas Creek gold project.

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Royal Mail given two weeks to respond to claims it is prioritising parcels

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Royal Mail given two weeks to respond to claims it is prioritising parcels

MPs have raised “significant concerns” about reports of “failures in service” at the company.

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Meta, X and TikTok face Spanish investigation over AI child abuse content

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Meta, X and TikTok face Spanish investigation over AI child abuse content

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Adding or Modifying Business Activities Post-Incorporation in the Philippines

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Adding or Modifying Business Activities Post-Incorporation in the Philippines

Philippine corporations operate within their registered purpose; expansion requires amendments, affecting ownership, capital, and regulation. Foreign investment rules specify capital requirements, restrictions, and tax benefits.

Operating Limitations and Expansion Requirements

A Philippine corporation can only operate within the purposes outlined in its Articles of Incorporation, registered with the Securities and Exchange Commission under the Revised Corporation Code. Any expansion into a substantially different activity requires an amendment to the purpose clause. This process involves a thorough review of ownership eligibility, capital classification, and regulatory compliance, as it may affect the company’s legal standing and operational scope.

Capital Requirements for Retail and Domestic Enterprises

Retail trade businesses with foreign involvement generally need a paid-in capital of US$2.5 million, with specific thresholds of US$250,000 per store in certain cases. If the activity falls into a restricted sector, an equity restructuring must be undertaken before amending the purpose clause. For foreign-owned domestic market enterprises, a minimum paid-in capital of US$200,000 is typically required, which can be lowered to US$100,000 upon meeting employment or certified technology criteria. Export-oriented firms are exempt from this threshold.

Foreign Investment Regulations and Tax Incentives

Under the Foreign Investments Act, enterprises registered with the Philippine Economic Zone Authority or the Board of Investments may qualify for income tax holidays lasting four to seven years, and occasionally a 5% tax on gross income. However, income from activities outside the approved scope could be taxed at the standard corporate rate of 25%, or 20% for qualified small domestic corporations, which could impact overall tax obligations within a single legal entity.

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Read the original article : How to Add or Amend Business Activities After Incorporation in the Philippines

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BSOL: Solana At The Crossroads

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BSOL: Solana At The Crossroads

BSOL: Solana At The Crossroads

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