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News Release

Bristol

Jones Lang LaSalle responds to Chancellor’s Autumn Statement

Relief for housing and the High Street but more needed to support development


Bristol, 5th December 2013 – Reacting to announcements made in the Chancellor’s Autumn Statement earlier today, Jeremy Richards, head of the Bristol office at Jones Lang LaSalle said:
Jeremy Richards
“Whilst it’s a great relief to see the much predicted improvements to our economic prospects, businesses need to ready themselves for better times so greater support for development would have been useful, ensuring property supply moves in line with increased demand.

“However, there were encouraging moves in terms of housing, with the £1 billion investment in home building and increasing the Help to Buy scheme. Our precious High Streets should also benefit from rates cuts and relief for businesses taking on empty premises.”