Record Rent Increases Plague UK Warehouses Amid Soaring Demand

Segro, a prominent name in the UK logistics property market, has reported unprecedented rent hikes in its warehouse sector, driven by a booming demand for storage and distribution facilities. The company has revealed that the rental prices for its warehouses have surged to new heights, reflecting the escalating pressures on the logistics market as e-commerce continues to thrive.

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UK Labour Party Proposes Above-Inflation Rent Increases for Social Tenants

The UK Labour Party has announced plans to implement rent increases for social housing tenants that exceed the rate of inflation. This proposal comes amidst rising living costs and economic challenges facing numerous households across the country. The initiative has sparked significant debate regarding its potential impact on vulnerable renters, particularly those already struggling to make ends meet.

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