Please read this report from Lambert Smith Hampton, which basically says that we have lost 770,000 sq metres of employment space in the last 10 years. This is equivalent to the combined office space of Watford, St Albans and Welwyn Garden city. This at a time when the demand for office space is up 19%.
Basically, this is, inter alia, as a direct result of government policy, to build new houses to cater for immigration.
There is no provision for additional transport, parking, education or medical facilities, and yet the immigration figures continue to rise year on year. Now there is a significant reduction in commercial space which will push up rents, so there won’t be any jobs for anyone either.
The Report says
“Deteriorating Image – there is a risk that Hertfordshire may be seen as ‘closed for business’, at least in a number of the key market areas, or may suggest a location in which business needs are secondary.”
You can read the full report here
This is confirmation of what we all know, government policy is destroying, small and medium-sized businesses, the people who innovate, and create 60% of employment in the UK.
I don’t know what the National picture is like, but it is not looking good for Hertfordshire.
It is time to get some competent people running the country.