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Review of business rates called for as Brexit uncertainty takes toll on UK commercial property

The ongoing uncertainty surrounding the Brexit negotiations is taking its toll on the UK Commercial Property market, causing some hesitancy among tenants, according to the Q3 2018 RICS UK Commercial Property Market survey.  Because of the continued uncertainty, RICS (Royal Institution of Chartered Surveyors) is calling on the government to review the business rates system in the upcoming Budget. Brexit uncertainty is taking its toll at the headline level, as occupier demand fell slightly, with a net balance of –9%...

Charity to feed over 60,000 Londoners in poverty after £80k cash boost

City Bridge Trust will help City Harvest feed over 60,000 Londoners in poverty after awarding the charity £79,800 to run a food storage warehouse in Ealing.  City Harvest will use the money to pay for a manager to run the London site which will deliver enough food to make more than three million meals a year. The charity distributes fresh, nutritious food to Londoners in poverty seven days a week in 23 out of 32 the capital’s boroughs.  City Harvest has grown significantly...

Guy Verhofstadt says Brexit deal is “zero per cent” complete

Guy Verhofstadt today significantly revised down Theresa May’s claim that Brexit is 95 per cent, saying the withdrawal deal is “zero per cent” finished. The European Parliament’s Brexit co-coordinator spoke out after the Prime Minister looked to appease fellow ministers with assurances that we are well on our way to completing a deal with Brussels. In a speech to MEPs he said unless the Irish border row is resolved the deal is “zero per cent” finished as he mocked May’s...

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