Monday, June 6, 2016

Branson on Thames Valley June 2016 issue 54

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This is the stage in the UK economic recovery when regions such as the Thames Valley start to enjoy the fruits of the buoyant business environment.

The best way to judge this is by the spread of the activity in which most towns and areas are sharing in a stronger market. Indeed, the figures back this up with a letting performance that has beaten the 10 year average, always a key indicator.

The success stretches from West London out along the M4 and other motorways to Slough, Reading, Maidenhead and Basingstoke. Some of this is in anticipation of the arrival of Crossrail, which appears to have really set the business hearts beating faster as they contemplate the linkages for Slough or Reading, as well as Heathrow.

There is no escaping from the impact of transport improvements, which have to be top of the list for the improvement of any area, notably the Northern Powerhouse where there should have been better rail links years ago.

Governments have to face the fact that it is damaging to have long periods, like we have done in the past, with insufficient investment in transport, let alone the wholesale slaughter such as Dr Beeching performed.

What the market in the Thames Valley shows is the flexibility of the property industry and how it can adapt to conditions and changes in business practices. This is shown by the growth of trade counters.

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