This report is a summary of the earlier report Business Rates: Who pays and why it matters published in December 2015, however it differs in that it focuses on the office sector alone. The earlier report covered the impact of business rates on all sectors: retail; industrial and offices.

The exploration reveals that the relationship between business rates and rents in regional markets is stronger than in London. The changes experiences in rates paid appear to be reflected in the adjustment of rental values most strongly in retail markets but also in the office market.

A focus on the impact of business rates on the office sector