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.


Birmingham Office sold in £1.2million deal

Birmingham office sold in £1.2million deal
Posted on 15 June, 2018 by Bailey Clarke under Business News, Commercial Sales and Lets, Economy

Commercial estate agents Bond Wolfe have just completed the sale a million pound deal, as interest from investors in the Midlands area continues to grow in 2018.  The property is located just seven miles south west of Birmingham City centre... Read More

Demand for retail space lowest in 9 years

Demand for retail space lowest in 9 years
Posted on 11 May, 2018 by Bailey Clarke under Commercial Developments, Economy, Industry News

According to recent findings from the Q1 2018 RICS UK Commercial Market survey, there is an increasing divide between the demands for the retail and industrial sectors. The general trend was the demand for retail space was declining while the demand for... Read More

UK Commercial Property investments off to a strong start in 2018

UK Commercial Property investments off to a strong start in 2018
Posted on 23 February, 2018 by Bailey Clarke under Business News, Economy

Although Brexit is still looming over the UK, figures recently released by Savills' February Market in Minutes' report, show it is far from slowing things down in the commercial property market. Savills' report highlighted that investment in the UK commercial... Read More

Northern Ireland Commercial Property boosts due to shopping centre sale

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

Edinburgh needs development to act as incentive for investment
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

Toys R us UK stores facing administration
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

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

British pubs face closing due to soaring business rates
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

Significant increase in female self employment
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

Small business rates relief delays affect thousands of businesses in the UK
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

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.