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The Mail Online quotes David Gregory on the mini budget and changes to the real estate industry

The Mail Online quotes David Gregory on the mini budget and changes to the real estate industry

Chancellor of the Exchequer Kwasi Kwarteng has delivered his "mini Budget", the first major fiscal intervention from new PM Liz Truss's government aimed at helping the UK economy.

David Gregory, Associate, provides comment for The Mail Online, This is Money and CoStar on the changes announced for the real estate industry. He comments:

"It is currently unclear how far-reaching and long-lasting the exemption for business rates in investment zones will be.

However, the Chancellor appears to have stopped short of increasing the threshold for small business rates relief, meaning existing occupiers will be largely unaffected by this announcement. This is likely to be a blow for small businesses who were hoping for additional support at a time when high inflation is leading to higher rates, particularly in London and other urban centres.

Overall, this is a step in the right direction, but further support for existing occupiers may be needed and, in the longer term, larger scale reform of the business rates system."

Read the full article in The Mail Online here.

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The Mail Online quotes David Gregory on the mini budget and changes to the real estate industry

Related coverage:

Our thinking

Post-death claims in the Roy household - children, cohabitees and candid wives

Payment Expert quotes Janine Regan on the record £1bn fine against Meta over EU data protection violations

The Guardian quotes Gareth Mills on Microsoft lodging an appeal against the CMA’s decision to block its Activision Blizzard deal

Emily Chalkley writes for The Evening Standard on the Goldman Sachs equal pay settlement and potential for future claims

Employment Podcast: Sexual harassment in the workplace

Machinery Regulations respond to the rise of AI

Charles Russell Speechlys’ Family Team act for wife in securing 50% of the family’s assets - over £140m

The Second Law Commission's Consultation Paper on Reforming the Arbitration Act 1996

The Law Society Gazette quotes Duncan Lamont on the Leveson Inquiry

Chapter 11 – the Latest in Vice Media’s Story

The Debt Respite Scheme two years on – Where are we now?

Q&A: Is a lease of a woodland a farm business tenancy?

Charles Russell Speechlys’ Private Wealth Disputes team act for the successful Claimants in rare case involving a promise to make a will

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Property Week quotes Emma Humphreys on the Renters (Reform) Bill

Duty to protect in public locations: Martyn’s Law draft bill published

Nick Hurley writes for City AM on the government’s plan to slash non-compete clauses

Behaviour and blame - what impact on a marriage?

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