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Tesco: £60m new Wolverhampton store WILL be built

A new £60 million Tesco superstore in the centre of Wolverhampton will go ahead as planned - but not until next year, it has been claimed.

Development work at the former Royal Hospital site began last year, but was halted last month when the supermarket giant put the project under review.

Tesco has owned the prime spot since 2001.

Tesco confirmed in a meeting today that it would be going ahead with the new store in Wolverhampton Credit: Rui Vieira/PA

Wolverhampton South East MP, Pat McFadden, met with the firm's UK managing director Chris Bush today. He said Mr Bush had confirmed the company was still planning to go ahead with the new store, which is expected to create more than 500 new jobs.

He welcomed the news today.

All the way through I have told the company that the city wants the jobs, the investment and the regeneration this development will bring.

I wish this was happening sooner because the Royal Hospital site has been left undeveloped for far too long but, having reviewed the project, the company has said they will not walk away and have given a commitment that this will go ahead next year.

Tesco has owned this site for a very long time and I believe the company has a responsibility to the people of the city.

I stressed to the company how important it was that they stick to their word and go ahead with the project - and I am pleased that they said that is what they will do.