Autumn Budget 2018: Retail

29.10.2018

Simon Wagman and Bobby Lane provide initial comments on the Autumn Budget 2018

Simon Wagman, partner, commented: “Our high streets will be boosted with £675m fund reduction in business rates for small independent businesses and redevelopment for new residential property. This is welcomed news for UK high streets.”
 
Bobby Lane, partner, commented: “The reduction in rates by a third for small, independent retailers is a welcome measure but more needs to be done to level the playing field between the high street and online retailers. A reduction in rates alone will not save the high street!”

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