Business News


In the Business News category you will find a wide selection of articles on businesses and their UK commercial properties. These include corporate news stories featuring companies ranging from established market leaders to SMEs and recent start-ups.


Nationwide to Close Its Commercial Property Mortgage Lending Business

Nationwide to close its commercial property mortgage lending business
Posted on 25 November, 2016 by admin under Business News, Economy

It has been reported that Nationwide will close its commercial property lending business as the UK’s biggest building society sees a fall in profit. Compared to its profits of £802 million in the six-month period to the end of September last year,... Read More

GSK plans a £275m expansion in its UK sites

GSK plans a £275m expansion in its UK sites
Posted on 27 July, 2016 by Editor in Chief under Business News, Economy, Industry News

The British pharmaceutical company, GlaxoSmithKline plc, still sees the UK as “an attractive location” regardless of Brexit. Chief executive Andrew Witty backed the Remain campaign, said the decision for investment was due to the UK’s skilled... Read More

Retail industry sees decline in new shop planning applications

Retail industry sees decline in new shop planning applications
Posted on 25 July, 2016 by Editor in Chief under Business News

Potential new retail developments have seen a drop in planning applications, according to a recent report by EMW. In 2015, there were 6,700 applications for new shop builds, compared to 7,360 in the previous year. The lack of applications has seen a... Read More

London’s high house prices sees workers leaving the city

London's high house prices sees workers leaving the city
Posted on 20 July, 2016 by Editor in Chief under Business News, Economy

A recent survey released by The Federation of Small Businesses, has revealed that the housing crisis is pushing employees out of the city. This has seen a quarter of small businesses considering relocating their companies. The report also saw that 57%... Read More

Leeds shopping centre extension creates 350 jobs

Leeds-White-Rose-Shopping-Centre-signs-Six-New-Tenants-in-Three-Months
Posted on 15 July, 2016 by Editor in Chief under Business News, Commercial Developments

The White Rose Shopping Centre’s new leisure extension is estimated to create 350 jobs for the city. Morgan Sindall has been awarded the £13.7m design and build contract by Land Securities which includes a 15-month maintenance period. The latest... Read More

Siemens Keeps UK Investment despite Brexit Caution

Siemens Keeps UK Investment despite Brexit Caution
Posted on 13 July, 2016 by Editor in Chief under Business News, Economy

Industrial giant, Siemens, has stated that the UK is still a “good place to do business” despite its previous Brexit warning. Chief Executive at Siemens, Joe Kaeser, told a selection of media groups that the German company will remain fully... Read More

Convenience Chain Enters into Administration

Convenience chain enters into administration
Posted on 30 June, 2016 by Chris Grigorovsky under Business News, Economy

The retail sector takes another hit this week as convenience chain, My Local, has entered administration, with 1,200 jobs at risk. There have already been 90 stores closed, with a further three to be shut imminently, which will leave just 32 stores... Read More

Leisure Sector to be Unscathed by Brexit Predicts Colliers

5 celebrity owned hotels
Posted on 28 June, 2016 by Chris Grigorovsky under Business News, Economy

The Brexit has caused mass panic across the UK economy, with many experts fearing the worst in major sectors. However, the leisure sector is being seen in a different light, with predictions of increased interest as time moves on. Colliers... Read More

UK Commercial Property Market to Slow in Wake of Brexit

How would the commercial property sector be affected by Brexit
Posted on 27 June, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

Just days after the controversial UK exit from the EU, a number of experts have said that demand for UK commercial property will weaken. Experts, including JLL UK’s chief executive officer, Chris Ireland, have said that activity levels are expected... Read More

Holland & Barrett Beats £100m Profit Milestone

Holland & Barrett beats £100m profit milestone
Posted on 24 June, 2016 by Chris Grigorovsky under Business News, Economy

The UK high street has received a positive shot of adrenaline as health food retailer, Holland & Barrett, has managed to surpass its £100m profits, showing the brand’s continued growth. Across the 694 UK stores and 99 international franchises, sales... Read More

Learn more about our Business news category

Business News covers more than company results. Of course you will find these stories in this category alongside news of the latest business deals, mergers and administrations. You can also read about director’s bonuses, supermarket price wars and current retail promotions.

We also carry features covering topical issues affecting businesses like the increasing use of smart phones and the impact of social media. And because business involves people we also report on both serious and light hearted issues facing the staff of offices and other commercial properties.

So if this is the kind of news that interests you, you’ll find it here together with regular updates, analysis and background features.