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.


Northern Ireland Commercial Property boosts due to shopping centre sale

Posted on 26 January, 2018 by Bailey Clarke under Business News, Commercial Sales and Lets, Economy

Northern Irelands' commercial property market is benefitting from a recent sale when Belfast’s Castle Court Shopping Centre was sold in July 2017 for a staggering £123 million. The property was sold to County Down investment firm Wirefox who have recently... Read More

Edinburgh needs developments to act as incentive for investment

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Posted on 18 January, 2018 by Bailey Clarke under Commercial Developments, Commercial Sales and Lets, Economy

The Scottish city of Edinburgh has recently been ranked as one of the top three places in the world to live, but for anyone searching for a new office, there are slim pickings. The city centre's commercial growth is being hindered by the lack of office space... Read More

Toys R Us UK Stores Facing Administration

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Posted on 20 December, 2017 by Bailey Clarke under Business News, Economy, Industry News

Toys R Us a leading toy retailer for many years could fall into administration before Christmas due to a demand to put £9 million into Toys R Us UK pension fund. The toy store giant is said to not have the resources to pay up such a demand,... Read More

Amazon and other online giants changing the game in UK commercial real estate

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Posted on 6 December, 2017 by Bailey Clarke under Business News, Economy, Industry News

With the rise of online retail giants such as Amazon and eBay people have changed how they shop with many now utilising online vendors on a regular basis. Online retail is making shopping more convenient for customers and in turn causing a huge demand for... Read More

British Pubs face closing due to soaring business rates

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Posted on 27 November, 2017 by Bailey Clarke under Business News, Economy

Great Britain is well known for having its local boozers but due to business rates soaring, this is putting many at risk of having call their last orders and close for good.  Since the 1970s Britain has seen almost 30,000 pubs close all because of... Read More

Significant Increase in Female Self-Employment

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Posted on 10 July, 2017 by admin under Business News, Economy

It has been reported by Oxford Economics, the number of self-employment in the UK has been increased by 27 per cent between 2007 and 2017, which brings the total number of self-employed to 4.8 million. In particular, the number of female self-employed... Read More

Small Business Rates Relief Delays Affect Thousands of Businesses in the UK

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Posted on 31 May, 2017 by admin under Economy

It has been reported thousands of small businesses are still waiting for their promised relief package following the business rates revaluation in April this year. The government previously promised for business rates relief package to help businesses... Read More

New Scheme to Help Part Time Workers Progress in Their Careers

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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

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.