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Welcome to the October 2011 NewsletterAs autumn descends upon us and 2011 draws to a close, we still find ourselves in uncertain times. Inflation is at its highest level for seventeen years and pressure on household budgets continues to thwart the high street. Activity in the commercial market is improving, but growth in the private sector will only be accelerated if there is a change in the funding culture. With regard to property development, there are vast reserves of land in private ownership ready for development but confidence is weak and the natural instinct is not to add to risk. The Government could act, indeed they have already done so by shaking up the planning system which goes a long way to encouraging the industry. They should turn their attention to dispensing with empty property rates, the effects of which would be felt over a number of years, particularly in deprived areas where regeneration is crucial. Caroline James Latest News From Trevor Dawson
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OpportunitiesSykeside Drive, Altham Business Park Prominent Roadside Opportunity In Burnley Prominent Town Centre Shop Available DealsFormer Hotel Sold For Residential Development 9,000 Sq. Ft. Sold At Whitebirk Industrial Estate, Blackburn |
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