ULI UK Chairman Marc Mogull responds to budget 2012

In his Budget of 21 March, the Chancellor has taken on board many comments and concerns from the real estate sector, but failed to fully address others.

ULI welcomes the commitment of £150 million into the UK Tax Increment Financing model to assist some core city projects. However, the ULI believes that a more direct easing of the rates burden on occupiers, particular for the SME sector, would provide a more wide-reaching stimulus to regional growth….
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