Tag: George Osborne

Business Owners Not Swayed by Politician’s Views on Brexit

Business owners not swayed by politicians views on brexit
Posted on 25 May, 2016 by Chris Grigorovsky under Business News, Economy

With the EU referendum just one month away, a study has found that 56% of business owners care more about the facts than what political figures have to say. The survey by sage also found that 17% of respondents will be voting on gut instinct alone,... Read More

EU Exit Would Make UK ‘Permanently Poorer’ Warns George Osborne

How would the commercial property sector be affected by Brexit
Posted on 18 April, 2016 by Chris Grigorovsky under Economy

Chancellor George Osborne has stated that the EU exit will cause severe damage to the UK economy and make it ‘permanently poorer’. Analysis by the Treasury shows that by 2030, UK national income could be 6% smaller, which equates to £4,300 a year... Read More

Budget 2016 – Business Rates Cut and New Commercial Stamp Duty Rates

record breaking £23 billion income forecast
Posted on 16 March, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

George Osborne has announced that from April 2017, business rates will be getting a substantial cut, which is set to benefit small businesses going forward. The current system sees 100% relief given only to businesses that occupy property such as a... Read More

Fears that Councils will Waste £26bn Business Rates Handover

Fears that Councils will Waste £26bn Business Rates Handover
Posted on 9 March, 2016 by Chris Grigorovsky under Business News, Economy

New research has emerged, revealing that George Osborne's plans to hand councils control of business rates will make the system worse and not boost... Read More

Is Commercial Leasing the Answer to Increased Stamp Duty?

Is commercial leasing the answer to increased stamp duty
Posted on 28 January, 2016 by admin under Economy, Industry News

New changes to the Stamp Duty Land Tax (SDLT) are making some investors explore whether commercial property investment is becoming a viable alternative to residential buy to let. According to the Office for National Statistics, residential property... Read More

2016 to be Toughest Year since Financial Crisis George Osborne will Warn

Commercial property debt at its lowest in 10 years
Posted on 7 January, 2016 by Chris Grigorovsky under Economy

With 2016 under way, the serious threat of a slowing global economy will give the UK a "Cocktail" of serious threats, Chancellor George Osborne will warn. In a report by the BBC, it said that Mr. Osborne told them the economy was far from "mission... Read More

Chinese investment unlocks Northern Powerhouse Schemes

Posted on 23 September, 2015 by Chris Grigorovsky under Business News, Commercial Developments

Chancellor George Osborne has welcomed significant investment from the Chinese Haulage Industry and Trade Group into three Northern Powerhouse schemes, while visiting the country this week. The funding from the firm will unlock three substantial property... Read More

Chancellor allays Cameron’s concerns over Nottingham Enterprise Zone

Posted on 9 October, 2014 by Cliff Goodwin under Commercial Developments

Concerns voiced by David Cameron about the slow progress of an East Midlands enterprise zone have been allayed — by his own Chancellor. In the spring of 2011, the Alliance Boots site in Beeston, Nottingham, was awarded enterprise zone status by the... Read More