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Expert Opinion

Uncertainty is the enemy of investment: Why the UK needs a business rates roadmap

Why predictable tax reform, not reactive policy, is essential to restoring business confidence and investment growth
Bruce Wilson. (BNP Paribas Real Estate)
Bruce Wilson. (BNP Paribas Real Estate)
By Bruce Wilson
BNP Paribas Real Estate
October 17, 2025 | 8:59 AM

Across the UK, businesses are mired in uncertainty. September’s Purchasing Managers’ Indexes for the construction and services sectors show contracting or stagnant activity, with survey respondents citing November’s Budget as a key source of unease.

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