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A clear election result brought much-needed political stability, whilst the ONS confirmed that the UK recorded positive economic growth in Q1. Inflation is also seemingly under control, which has allowed for the first interest rate cut since 2020 and improved the likelihood of further cuts ahead.

Moving forward, each of these will support the desired stable backdrop for businesses and consequently, commercial property activity in the latter half of 2024.

Read our UK Cities Mid-Year Review for the latest insights.

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