NEWS: Series of new investments will bolster Exeter’s economy and status
Exeter’s strong local economy is set to benefit from new announcements on investments and services – the kind of news which typically boosts local housing markets, too.
Exeter University, one of the city’s biggest employers, is to get a share of a £13.3m cash injection from a European initiative to fund research into medical conditions association with schizophrenia, Alzheimer’s disease and depression. New academic posts will be created at the university to conduct the work.
Meanwhile 10 new posts are being created by construction firm Wilmott Dixon to ‘scope’ a project to build a £20m base for a Met Office ‘super computer’ at Exeter Science Park; substantially more jobs will be created when construction work begins in 2017.
And airline Flybe has announced a record number of winter flights to be operated out of Exeter Airport from October. New services to Spain and France as well as extra flights to Switzerland will mean a total of 16 routes from Exeter, including the already-popular daily links with London City and Manchester.