Tesco cans expansion proposals
Following poor financial results, Tesco has abandoned about a hundred major projects for new or enlarged stores, including the proposed expansion of the Whitehaven Tesco store at Bransty.
It would be comparatively easy for someone on either side of the political divide to try to write a point-scoring piece trying to blame one's political opponent's, but although the Labour administration at Copeland Borough Council do have a sort of "reverse Midas touch" in which everything associated with them turns to ashes, it looks like this one really is down to the global economic climate - Tesco have just lost vast sums of money on a venture in the United States.
The expansion of Tesco's Whitehaven store would have brought about £20 million of investment and 150 jobs to West Cumbria, so this is extremely disappointing news.
It would be comparatively easy for someone on either side of the political divide to try to write a point-scoring piece trying to blame one's political opponent's, but although the Labour administration at Copeland Borough Council do have a sort of "reverse Midas touch" in which everything associated with them turns to ashes, it looks like this one really is down to the global economic climate - Tesco have just lost vast sums of money on a venture in the United States.
The expansion of Tesco's Whitehaven store would have brought about £20 million of investment and 150 jobs to West Cumbria, so this is extremely disappointing news.
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