DLUHC, Investment Zones Scheme

This subsidy, worth £29.4 million, is drawn from the London Brownfield, Infrastructure and Land (BIL) Fund to Berkeley Homes (East Thames) Limited from March 2025 – March 2026 for the development of Lombard Square, an ex-brownfield site. It will support the Phase 2 infrastructure works, comprising 1,038 homes of which 23% are affordable. Our key…

This scheme will provide a 40% relief on English film studios’ business rates bill until 2034 (whilst also backdating amounts from 1 April 2024). It will be administered by local authorities who will apply the relief against business rates bills with around 40 eligible properties estimated and costs estimated to be £5m in the first…

This subsidy, worth £20.667 million, aims to help CODA (Operations) Limited fund the cost of operating the City of Derry Airport between 1 April 2025 – 31 March 2029. It is a shortfall payment to cover net operating costs and necessary capital investment expenditure. Our key takeaways from the Subsidy Advice Unit (SAU) report are:…