Wednesday November 22 | 2017
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Fidelity closes office and leaves 650 staff in limbo as local job losses start to mount
Event proves real icebreaker as rink opens
INSIDE LIGHT UP ST JOHN’S Community project set to brighten our lives Page 15
By Andy Tong ONE of the largest employers in the area, Fidelity International, announced yesterday [Tuesday] that it is closing its offices in Hildenborough. Some 650 staff work at Oakhill House on Tonbridge Road. The multi-national firm said it ‘plans to relocate the majority of employees and roles to its existing Kingswood site in Surrey’, but cannot guarantee to find a place for everyone.
Blow A consultation period will begin in January, when employees will be able to ‘get involved in helping shape Fidelity’s future plans for the office and role transfer’. The news comes as another blow to the local economy following the demise of Tonbridge family firm Southern Salads in August. The company went into administration after 31 years, with around 260 job losses. The decline of the business was blamed on the pound’s devaluation and the cost of imports since the EU referendum. Last month Tunbridge Wells stockbroking firm AJ Bell said it would be moving more than 100 jobs to London or Manchester because of a lack of office space. And at the end of last year the largest private employer in Tunbridge Wells, AXA, decided to relocate up to 150 jobs from its
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TIME TO DRESS UP
New approach to ordering your clothes online Page 8
BEING COOL: Snow Queen Fiona Tanner-Baldwin and skater Jake Jones help to launch the festive season at the ice rink in Calverley Grounds. It’s now one of the town’s most popular attractions and is open daily until New Year apart from Christmas Day. For details see page 5
Shopping centre sale could mean a more ambitious expansion plan By William Mata will@timesoftunbridgewells.co.uk
QUESTION marks this week hang over plans for the £70million expansion programme at Royal Victoria Place (RVP) after reports that the shopping centre is about to be sold. The centre was bought by Hermes Real Estate in 2012 and looks to be on the verge of being bought by British Land for around £100million. All parties yesterday [Tuesday] declined to comment although the Times understands the sale will proceed. British Land is one of the biggest property
developers in Europe and states that its mission is to ‘provide places to shop, eat and be entertained’. It is their focus on ‘entertainment’ that leads industry insiders to believe British
‘The expansion at RVP would hopefully still happen and might be even more imaginative’ Land will pursue a more ambitious expansion programme beyond the current plans for an eight screen cinema, shops and restaurants. Tunbridge Wells Borough Council leader David Jukes yesterday told the Times: “If
the sale goes ahead it can only be a good thing for the town. “The expansion at RVP would hopefully still happen although not necessarily as planned and might be even more imaginative.” News of the possible sale was first reported in the weekly commercial property magazine Estates Gazette. It said Hermes’s ‘decision to sell forms part of a wider asset management and investment strategy’. Tunbridge Wells Borough Council owns the freehold on RVP and last year passed a plan that will see work commence on the corner of Camden Road and Calverley Road.
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WHAT A CARRY ON
Brian Bissell celebrates 25 years of fundraising Page 66
COMPLEX MATTERS
Final arguments FOR and AGAINST civic project Page 10