Economy


In the Economy category you will find all the latest news concerning the economic picture and its impact on the UK commercial property market. This includes the wider effect on businesses, employment and consumers.


New Scheme to Help Part Time Workers Progress in Their Careers

1280px-John_Lewis_Newcastle
Posted on 16 May, 2017 by admin under Economy

Timewise, a flexible working consultancy and training company, has launched a new scheme that aims to promote career progression for part time workers, called the Retail Pioneer Programme. The scheme will run for 12 months and it hopes to identify what... Read More

Firms Concern As New Business Rates Take Full Effect

Business rates April 2017
Posted on 5 April, 2017 by admin under Business News, Economy

The recent revaluation at the beginning of April this year meant over half a million firms had to start paying higher business rates. However, what is not known is the Government’s new £300 million business relief scheme, which many firms could benefit... Read More

London’s West End Commercial Property Hit Record High

The total invested in central London was £4.18 billion.
Posted on 3 April, 2017 by admin under Business News, Economy

With several buyers from Hong Kong including CC Land and Emperor Group, London’s West End commercial property investment has significantly increased to £1.93 billion in 2017’s first quarter. The previous record for the City’s West End area was £1.8... Read More

Commercial Property Growth Slows in London

London City Properties
Posted on 22 March, 2017 by admin under Business News, Economy

For a second consecutive month, the London commercial property market slowed in growth, despite signs of recovery after the EU referendum vote in June 2016. It was reported that he Brexit vote last year led the businesses in the city to take more... Read More

Scottish Commercial Property Market on the Raise for 2017

scotland-investment-office-building
Posted on 20 March, 2017 by admin under Business News, Economy

It has been reported that the importance of Investment from outside the UK, such as China and South Africa, will further increase for the commercial property market in Scotland in 2017. The figures from 2016 show nearly two thirds of the commercial... Read More

Investment From The Continent Pushes Up Irish Property Value

dublin-property-market-changes
Posted on 3 March, 2017 by admin under Business News, Commercial Developments, Economy

The Irish property market could be showing the way forward for the commercial property in 2017 as a blend of demand from investors and large international corporations are expected to push values upwards for the next six months. This is what has been... Read More

Chinese Government Agencies to Restrict Foreign Property Investment

chinese-currency-renminbi
Posted on 20 February, 2017 by admin under Business News, Economy, Worldwide Property News

Foreign property investments by Chinese companies have come to a complete halt, with a drop of 84% in January 2017, as China capital controllers look to re-establish the flow of foreign buys. Chinese regulators have imposed a series of restrictions on... Read More

Business Rates Revaluation 2017 – Winners and Losers

London Oxford Street Retail Premises
Posted on 25 January, 2017 by admin under Business News, Economy

New business rates, coming into effect from April 2017, are to have dramatic impacts on businesses of all sizes and types across the UK. Business rates, also known as non-domestic rates are taxes that are chargeable on all different types of commercial... Read More

Gourmet Burger Kitchen to Join Leicester’s Highcross Shopping Centre

Gourmet Burger Kitchen burgers
Posted on 8 December, 2016 by admin under Commercial Sales and Lets, Economy

Announced by Hammerson Plc, Gourmet Burger Kitchen has become the latest addition to open at Leicester’s Highcross Shopping Centre, located in Highcross St Peter’s Square. The restaurant plans to open in the summer 2017. Gourmet Burger Kitchen,... Read More

Nationwide to Close Its Commercial Property Mortgage Lending Business

Nationwide High Street Brandh
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

Learn more about our Economy category

The economy affects us all. It can make or break Governments, prove a factor in the success or failure of a business and dramatically influence consumer confidence. Our articles focus on its impact on the commercial property market in the widest sense.

This means that we cover stories on how the economy affects the prospects of commercial property occupiers and their employees. We also carry the latest company, financial and consumer news.

So if you want to read about the latest corporate developments or keep up to date with recent openings and closures on the high street then this is the page for you.