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Detailed text transcripts for TV channel - BBCNEWS - 20210621:15:21:00

and the sheds are getting bigger. this will be royal mail s new parcel hub. high street shops may be closing, but there is a race for space in logistics. this is the result of our growing appetite for online shopping, and shows just how quickly retail is changing. in just six years, the amount of large warehouse space has risen by 32% to 566 million square feet. that s like adding nearly 2,400 football pitches. and we re going to need a lot more. if not just about online retail. it s notjust about online retail. it s about automotive and manufacturing. as we move to electric vehicles, we re going to need battery plants and their supply chain. and as a result of brexit, companies want to store more inventory in the uk. they ll need an army of workers, too. amazon alone is recruiting 10,000 staff this year. asif lost his job at a luxury hotel and has now changed career.

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Detailed text transcripts for TV channel - BBCNEWS - 20210621:06:21:00

this will be royal mail s, new parcel hub. high street shops may be closing, but there is a race for space in logistics. this is the result of our growing appetite for online shopping, and shows just how quickly retail is changing. injust six years, the amount of large warehouse space has risen by 32% to 566 million square feet. that s like adding nearly 2,400 football pitches. and we re going to need a lot more. if notjust about online retail. it s about automotive and manufacturing. as we move to electric vehicles, we re going to need battery plants and their supply chain. and as a result of brexit, companies want to store more inventory in the uk. they ll need an army of workers, too amazon alone is recruiting 10,000 staff this year. asif lost his job at a luxury hotel and has now changed career.

566-million
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Detailed text transcripts for TV channel - BBCNEWS - 20210621:04:38:00

purchase will come from here. it s a warehouse city near northampton and it s about to get even bigger. it’s northampton and it s about to get even bigger. get even bigger. it s a great location for get even bigger. it s a great location for logistics - get even bigger. it s a great| location for logistics because over there you can see the m1 motorway. i ve been in this sector for nearly 30 years and i ve never seen demand like it. we are building speculatively which means we don t have a customer lined up and we are letting them before we finish which does not often happen. the shed are getting bigger. this will be royal mail s newcastle hub. high street shops may be closing but there is a race for space in logistics. this is the result of our growing appetite for online shopping. it shows how quickly retailers are changing. injust six years, quickly retailers are changing. in just six years, the amount of large warehouse space has risen to 32% up to 566 million square feet. tha

Sector
Logistics
Location
Purchase
Warehouse-city-near-northampton
M1-motorway
30
Shed
High-street
Demand
Building-speculatively
Customer

Detailed text transcripts for TV channel - BBCNEWS - 20210621:14:25:00

when you click the buy button online, chances are your purchase will come from here. it s a warehouse city near northampton, and it s about to get even bigger. it s a great location for logistics because over there you can see the m1 motorway. i ve been in the sector for nearly 30 years and i ve never seen demand like it. we re building buildings speculatively, which means we haven t got a customer lined up, and we re letting them before we finish. that doesn t often happen. and the sheds are getting bigger. this will be royal mail s new parcel hub. high street shops may be closing, but there is a race for space in logistics. this is the result of our growing appetite for online shopping, and shows just how quickly retail is changing. injust six years, the amount of large warehouse space has risen by 32% to 566 million square feet. that s like adding nearly 2,400 football pitches.

30
2400
Six
32
566-million

Detailed text transcripts for TV channel - BBCNEWS - 20210621:08:51:00

seen demand like it. we re building buildings speculatively, which means we haven t got a customer lined up, and we re letting them before we finish. that doesn t often happen. and the sheds are getting bigger. this will be royal mail s, new parcel hub. high street shops may be closing, but there is a race for space in logistics. this is the result of our growing appetite for online shopping, and shows just how quickly retail is changing. injust six years, the amount of large warehouse space has risen by 32% to 566 million square feet. that s like adding nearly 2,400 football pitches. and we re going to need a lot more. if notjust about online retail. it s about automotive and manufacturing. as we move to electric vehicles, we re going to need battery plants and their supply chain. and as a result of brexit,

Demand
Sheds
Buildings-speculatively
Doesn-t
Haven-t
Customer
New-parcel-hub
Royal-mail
Race
Result
Logistics
Shops

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