The UK needs to build more laboratory space, improve transport links and offer more tax breaks to achieve Rishi Sunak’s ambition of becoming a science superpower, two leading property firms have argued ahead of the autumn statement.
Demand for laboratories in the UK is growing fast, with lab vacancy rates of just 1% in Cambridge and London, and 7% in Oxford, according to a report by British Land, one of Britain’s biggest property developers, and the upmarket estate agency and advisory firm Savills.
