Reeves puts brakes on employee ownership

Rachel Reeves prepares to deliver her 2025 autumn budgetChancellor Rachel Reeves has decided to cut employee ownership trust capital gains tax relief from 100% to 50%. She has justified this because the scheme has been too popular: it is on course to cost £2bn in lost...

Mace accelerates Paddington over-station development

The planned Paddington over station development has been designed by GrimshawMain contract Mace is set to start main works of a 235,000 sq ft office building above Paddington station in the first quarter of next year.Preparatory work has already started on site ahead...

Work starts on Bristol’s Baltic Wharf

Representatives from the Hill Group, Goram Homes, Bristol City Council, Sovereign Network Group and Homes England assembled on site to mark the start of worksThe Hill Group is working in partnership with Goram Homes, Bristol City Council’s house-building company, to...

Domestic air conditioning market expected to lift

Last week the Department for Energy Security & Net Zero expanded the boiler upgrade scheme (BUS) to offer a £2,500 discount off the cost of installing an air-to-air heat pump, in addition to the existing offer of £7,500 grant for an air source or ground source...