What: Frasers has submitted a planning application for a new global headquarters campus in Ansty, Rugby, Warwickshire.

Why it is important: Frasers Group aims to use this move to support its elevation strategy, sector-leading ecosystem, and growth ambitions.

If approved, the move will create 7,500 jobs and contribute GBP 300 million in gross value added to the region. The new campus, designed by Grimshaw Architects, will include logistics space, offices, R&D facilities, retail outlets, a hotel, and leisure facilities. The proposal also includes a gym and bookable courts and pitches that will be open to the public.

In a cost-cutting and streamlining effort, Frasers Group plans to reduce up to 200 head office jobs, accounting for around 20% of its staff in London and Shirebrook. This decision is part of a broader restructuring plan following strategic acquisitions and progress in implementing the elevation strategy.

Frasers Group plots HQ move