Budget prediction

Hesham Sabry, a commercial property expert at Harrison Drury, outlines his predictions for tomorrow’s Budget.

The comments featured in today’s Lancashire Evening Post.

“Alistair Darling’s final budget before the general election will be geared towards maintaining stability and, I believe, will contain few real surprises.

“However, given the current economic climate, where many businesses both big and small are still struggling, it would be good to see a reduction in the corporate tax burden to help encourage growth.

“By reducing the corporation tax rate, or expanding the types of relief available, this could potentially have the effect of stimulating movement in the property sector which would help boost the economy.

“In essence, I would welcome a budget focused on policies to help economic growth and prevent a fall back into recession rather than the introduction of further complex anti-avoidance measures.”