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Limited Lab Space Stifling Growth of London Life Sciences, British Land Warns

Joint Report Calls for Tax Incentives to Turbocharge Development in the ‘Golden Triangle'
The life sciences sector could generate an additional £4 billion a year for the UK economy. (Getty Images)
The life sciences sector could generate an additional £4 billion a year for the UK economy. (Getty Images)
CoStar News
November 20, 2023 | 12:24 P.M.

A lack of purpose-built lab space is impacting London's ability to grow its life sciences sector, according to leaders from British Land and Savills, which are calling on the government to provide more tax incentives to encourage development of these spaces ahead of this week's Autumn Statement.

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