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.

Brexit Could Push UK back into Recession Warns Alistair Darling

How would the commercial property sector be affected by Brexit
Posted on 19 May, 2016 by Chris Grigorovsky under Business News, Economy

Former Labour Chancellor, Alistair Darling, has said that if the UK were to leave the EU, it would have a negative impact on the economy and be “disastrous” for living standards of working people. At a dinner of the CBI, Mr Darling said in a... Read More

Are Shop Amalgamations the Saviour of Retail?

Are shop amalgamations the saviour of retail
Posted on 18 May, 2016 by Chris Grigorovsky under Business News, Economy

The retail sector has experienced its share of fall backs over the past month. One of the most prominent establishments on the UK high street, BHS, received a major blow after it entered into administration at the end of April. This was then followed by... Read More

West Midlands One of Biggest Sufferers of Empty Shops

Vast increase of short term outlet vacancy rates in UK
Posted on by Chris Grigorovsky under Business News, Economy

New figures from the Local Data Company (LDC) have found that the West Midlands is still one of the worst affected regions in England for empty shops. The region currently has three towns in the top 10 list of areas with the highest percentage of... Read More

Over 800 HSBC Jobs Cut as Birmingham Move Gets Ever Closer

HSBC launches £10 billion lending fund
Posted on 17 May, 2016 by Chris Grigorovsky under Business News, Economy

With HSBC set to make Birmingham the home of its UK retail services, it has since begun laying off 840 of its IT staff. The first phase of restructuring, which aims to cut 8,000 jobs in the UK by the end of 2017, will see Sheffield suffer the most,... Read More

Is Cambridge the Right Place for your Business?

Is cambridge the right place for your business?
Posted on 16 May, 2016 by Chris Grigorovsky under Business News, Economy

Summer is upon us. A wondrous time where, for five minutes a year, Britons everywhere are exposed to that yellow warm ball in the sky. The mood of the nation is lifted, which is the perfect time to be productive and make a change. For businesses looking to... Read More

Rural Areas Suffered Most from Bank Branch Closures

Rural Areas Suffered Most from Bank Branch Closures
Posted on 13 May, 2016 by Chris Grigorovsky under Business News, Economy

Figures found by the BBC have revealed that over 600 bank branches across Britain in the past year have seen closures, with rural areas being the most affected. It was found that parts of Scotland, Wales and South West England, between April 2015 and... Read More

BHS a Victim of Delayed Business Rates Revaluation says Colliers

Judgement day awaits BHS today
Posted on 12 May, 2016 by Chris Grigorovsky under Business News, Economy

Struggling high street retailer BHS was on the cusp of receiving millions of pounds of business rates cuts, which would have resulted in a saving of over £15m if the revaluation went ahead in 2015, according to Colliers International. Currently,... Read More

Over Third of SMEs Unsure of Interest Rates their Business Receives

Over third of SMEs unsure of interest rates their business recieves
Posted on 10 May, 2016 by Chris Grigorovsky under Business News

A new study from Aldermore has found that 34% of small and medium-sized enterprises are unaware of what interest rate their business is receiving in surplus funds. The survey, which more than 1,000 British SMEs took part in, found that 55% aren’t... Read More

UK High Street Takes Biggest Hit in April Since 2008

Uk high street takes biggest hit in April since 2008
Posted on 6 May, 2016 by Chris Grigorovsky under Business News, Economy

As long standing retailers BHS and Austin Reed entered into administration, the UK high street experienced its worst month since November 2008, according to BDO. High street retailers recorded a 6.1% fall year-on-year in April, with the fashion sector... Read More

Savills Appointed Advisor for BHS Portfolio

Savills appointed advisor for BHS portfolio
Posted on 4 May, 2016 by Chris Grigorovsky under Business News, Economy

One week after entering into administration, BHS’ administrators have appointed Savills to help with its portfolio. The administrators, Duff & Phelps, are currently attempting to find a buyer for the struggling high street retailer, with concerns for... 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.