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Autumn Budget – seasonal change for Property

uk commercial property

As Philip Hammond prepares to take to the stand in the Commons with his little red case for what he hopes to be his last Autumn Statement (again), the commercial real estate sector will be watching with baited breath as the contents could signal a watershed moment for the industry. It is an important budget, given that the Bank of England looks to have handed over the economic stimulus baton to the Treasury which will need to address the weakening trend in household spending, still the mainstay of the UK economy. [Read more…]