AHDB to save £500k per year in HQ move

The Agriculture and Horticulture Development Board (AHDB) is set to move headquarters from its current Stoneleigh site to a new location near Coventry airport, saving approximately £500,000 per year from its annual budget. The move, which is due to take place by April 2023, takes the headquarters to International House in Middlemarch Business Park, a unit that will be more than 50% smaller in size at 16,000 square feet. CEO Tim Rycroft said: “This move to a new, fit for purpose headquarters demonstrates our commitment to reducing central costs and building a leaner AHDB. The money we have saved will be reinvested in our core activities, directly benefiting levy payers. “International House will provide a home that fits the requirements of our current sector teams and central support staff, as well as offering better value for money to levy payers in serving their needs. It gives us a suitable venue for hosting levy payer meetings, as well as other stakeholder and industry events and we are also pleased to have found a location that is close to our current base.” The move to the new premises will be finalised in early April with AHDB’s departure from its current base at Stoneleigh Park completed by the end of that month.