What are the overall risks coming at the time of Conveyancing?

One possible future source of land is the remaining manufacturing operations. ICI Paint’s manufacturing operation, for example, has a large amount of real estate that could potentially be redeveloped. Slough’s strategy in the past has been one of managed economic diversity. No single business represents more than 3% of total employment (the largest is Masterfood). If one moves out then the economy can then absorb it A similar approach has been taken on the Slough Trading Estate for example Panasonic moved from Slough to Bracknell because the estate was not prepared to give. for more info : Amigos Forever Enact Settlement Agents Perth

Also, there is little potential for physical expansion, so a diverse economy allows the town to almost hedge its bets. By comparison, half of the West Berkshire economy is reliant upon Vodafone. If they relocated it would be disastrous for that economy. Improving schools, as one indicator of the next generation, are becoming a positive draw for Slough. Historically, their GCSE performance has been the worst in the Thames Valley. In addition, it now has the flexibility to invest, whereas Berkshire County had previously been spending less than the statutory requirement.

Slough now invests more than the statutory requirement and the view is that in 10-15 years time Slough will be a different place in terms of the qualifications of its population of working age. In addition, unitary status has afforded the Council’s Economic Development department more autonomy. It was separated from the planning function and now has 4 staff and also the ability to bid for funds specifically for economic development. Crawley is the most seen as the most economically viable area in West Sussex. In terms of key indicators, it has the highest economic activity rate and the lowest unemployment.

Much of the evidence points to this being driven very strongly by the market (as opposed to policy levers), and inevitably, the view from the market is that it could perform better still. Like Oxford, it has a two-tier economy. It has some high value-added companies, many of which are HQs, but it also has some very poorly performing companies that stay in business because of the locational advantages that Crawley offers. Many of these weaker companies operate in airport related businesses.