articles: Real estate & Construction

Autumn Statement 2016: real estate and construction realities

Having allocated £7.2bn to support the construction of new homes, including spending by housing associations, it was a clear message in an Autumn Statement that overall lacked detail. Housing is the Government’s priority moving forwards, receiving more funds than any other key national infrastructure, but what else did Chancellor Philip Hammond announce to support the industry?

The Budget 2016 – video summary

A sugar-coated Budget for the next generation

In the uncertain global economic environment, the Chancellor’s deficit-reduction goals have become more challenging. But he still managed to strike an up-beat tone when delivering “a Budget that puts the next generation first”.

IFRS 16 Leases - The impact for property investors

It’s been a long, long wait, but we finally have the international standard dealing with leases, IFRS 16.

It will still be a few years yet before the first financial statements are published which have to comply with the new standard, since it is effective for periods beginning on or after 1 January 2019, although early adoption is allowed.

An Autumn Statement for “rebuilding Britain”

Five years since delivering his first spending review, George Osborne spent over an hour delivering his 2015 Autumn Statement. He repeatedly stated the Government’s intent to build public services, infrastructure, national defences and strong public finances.