Spring Budget 'hugely disappointing': Experts have criticised the chancellor's lack of support for new business rates and affordable housing.

Experts in the property industry have criticized Chancellor Jeremy Hunt's Spring Budget for its lack of support for new business rates and affordable housing. Many have expressed disappointment with the lack of new business rates support, arguing that the current levels are unsustainable and deter new investment in businesses. Additionally, concerns have been raised about the increase in rates bills for properties and the failure to meet the annual target for new homes. However, there is some positive news as AstraZeneca has announced a £650 million investment in expanding its UK footprint, which will boost the nation's life sciences sector. [Extracted from the article]