Scott Parsons, chief operating officer, UK at French-owned Unibail-Rodamco-Westfield, owner and operator of the Westfield London and Westfield Stratford City malls, said yesterday's Budget was "an utter disappointment for the retail and property sectors, with no significant announcement on business rates and no U-turn on tax-free shopping for tourists. These are clear missed opportunities especially in this all-important election year.
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