Commenting on the Chancellor’s Autumn Statement, Tim Davies head of office at Colliers International’s Bristol HQ said: “The Chancellor’s announcement on Small Business Rate Relief is welcome and an acknowledgement that Empty Property Rates (EPR) are stifling construction is also helpful.
“However, despite good news for office buildings in London and one or two other large developments around the country, there was not a lot to help the High Street.
“The 2015 Rating Revaluation would have helped hundreds of thousands of retailers throughout the country – it is a shame that the High Street appears to be the Tiny Tim of this year’s Christmas Carol!”
