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UK property markets await government’s next steps

James Wallace of Real Asset Media highlights the macro economic situation in the UK, as the summer draws to a close.

After the UK economy’s  steep decline into recession in Q2 2020, the third quarter seems likely to demonstrate a record breaking bounce back, chiefly owing to the range of government support schemes introduced to mitigate the effects of Covid-19 on people and businesses.

But the schemes are scheduled to taper off next month. For property markets, notably those associated with retail, hospitality and entertainment, the government’s next steps could make the difference between survival and failure.

Click on the video to watch the full interview or listen via the podcast below.