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Economic Development

Leicester Mayor says city is open and ready to do business as eighth Leicester Business Festival launches

Sir Peter Soulsby said despite the cost of living and energy crises facing the city, there was still a lot to be positive about

Leicester City Mayor Sir Peter Soulsby loooks around the partially redeveloped Waterside development(Image: Leicester Mercury / Chris Gordon)

The eighth annual Leicester Business festival kicked off inside the new extension to the Morningside Arena, home of the Leicester Riders basketball team.

A couple of hundred members of the city’s business community turned out for the breakfast launch event which featured speakers including Leicester Mayor Sir Peter Soulsby and East Midlands Chamber chief executive Scott Knowles.

Richard Osborn, regional director at Excello Law and a director of the community interest company that runs the festival, said it was now the biggest business festival in the region and one of the biggest in Britain.

He said: “There have been seven festivals to date, 784 events, 41,167 attendees and a marketing circulation that’s too long to even read out – with each addition of the festival we have continued to evolve and develop so that it remains impactful, meaningful and relevant to the communities that it serves.”

This year’s festival will feature 82 free-to-attend events covering topics ranging from achieving net zero, to avoiding damaging mistakes in a post-Covid economy, workforce health and wellbeing and finding investment. It runs until November 18 at businesses and venues across the city and county.

Sir Peter Soulsby said despite the cost of living and energy crises facing the city, there was still a lot to be positive about – including investment in the Dock and Pilot House workspaces, the transformation of Leicester’s former Fenwick store into the Gresham aparthotel, restaurant and flexible workspaces, and the big changes underway at Leicester station.

He also spoke about hundreds of millions of pounds of investment being made in the former rundown and problematic waterside area.

He said: “Over the last few years there were many people who feared for the future of the city’s economy during the pandemic – many who feared for the future of the city centre particularly, and what the pandemic might do to the viability of that centre.