Eglinton Park is delighted to see such a significant investment in the Scottish leisure sector. It further emphasises our investment and long term opportunities for growth in Scotland. Eglinton Park is a development of holiday homes with first class leisure facilities.

Holiday village operator Center Parcs has unveiled plans for its first site in Scotland. The new resort near Hawick in the Scottish Borders would represent a £350m investment and could create up to 1,200 jobs.

Center Parcs currently attracts millions of visitors a year to its six sites across the UK and Ireland. Proposals are said to be at an "early stage" with a planning application for about 700 lodges intended to be submitted in 2025.

Chief executive Colin McKinlay said: "This is a tremendously exciting project and offers the opportunity to transform leisure and tourism in the Scottish Borders."

"Center Parcs is an exceptionally popular destination for families in the UK and Ireland and there is robust demand to support a seventh village."

"Throughout our history, we have demonstrated that a Center Parcs village provides significant economic benefits locally, regionally and nationally."

He said the area was the "ideal location" for expansion with its existing sites already full.

Read the full article here.

Outlander Fans Have Uncovered The Scots Beauty Spot Where The Hit TV Show Will Film The Next Series.

Eagled-eyed fans of the TV show have spotted a film set pop up in Kilwinning, Ayrshire, this week, for the next season of Outlander.

The time-travelling series, starring Sam Heughan and Catriona Balfe, has become a huge hit since it first came on screens in 2014. Heughan, who hails from Balmaclellan, Dumfries and Galloway, has become an international star since winning the role of Jamie Fraser in the smash hit show.

Filming for the eighth and final season of Outlander is already underway with the Ayrshire scenes expected to begin filming later this month. The facade of an historical-style building popped up inside the country park last week.

The park is home to the ruins of Eglinton Castle, built in 1797 and 1802. Locals have taken to social media to express their excitement that their favourite show is being filmed on their doorstep.

Read the full article in the Scottish Sun here.

UK Market Update: BOE Slashes Base Rate for First Time Since 2020

 The Bank of England's (BoE) monetary policy committee (MPC) has voted to cut the base rate from 5.25% to 5%. This decision was made by a five-to-four vote, and marks the first reduction in borrowing costs since March 2020, with Governor Andrew Bailey casting the deciding vote.

This strategic move by the BoE aims to support economic recovery amid stabilizing inflation, which has recently been on a downward trajectory and has held steady at around 2% for two consecutive months. The rate cut is expected to lower borrowing costs, providing relief to mortgage holders and stimulating property market activity. More attractive financing options may enter the market, boosting demand and enhancing consumer spending power and confidence, fostering a more favourable environment for property investments.

Bailey noted that inflationary pressures have "eased enough" to allow this rate cut, however, he urged caution, stating that significant rate reductions should not be expected soon -but the good news is that it is likely that we are now on a downward trajectory. Baily emphasized: "we need to ensure inflation remains low and avoid cutting interest rates too quickly".

Maintaining low and stable inflation is crucial for supporting economic growth and national prosperity. This rate cut is expected to positively impact the new Labour government as Keir Starmer aims to enhance living standards and strengthen the economy.

In summary, the UK's economic prospects are looking promising. It’s important to stay informed and consider how this development aligns with your investment strategies. Contact our investor relations team to discuss how you can leverage these favorable conditions to grow your investment portfolio by purchasing a new lodge at Eglinton Park with the first phase launching soon. Email your enquiry to: info@blrplc.com