Monthly Archives: December 2012



Comet Collapse Will Cost Taxpayers Millions

Posted on 18 December, 2012 by Neil Bird under Economy

The taxpayer will be left with a multi-million bill following the collapse of electrical retailer Comet according to the administrator Deloitte. With the remaining 50 Comet stores due to close today it appears there is insufficient money left in the coffers... Read More

Festive Frenzy Smashes West End Records Again

Posted on by Neil Bird under Economy

For the second weekend running the festive spending frenzy has smashed West End trading records. Over the course of Saturday and Sunday retailers took an estimated £200 million as footfall once again exceeded expectations. The scale of the bonanza saw... Read More

Survival Rate of Recession Start-Ups Continues to Drop

Posted on by Kirsten Kennedy under Economy

Starting a business in a time of economic difficulty may seem like an ill-advised venture, yet with self-employment on the rise throughout the period it seems that plenty of workers were willing to take that risk. Unfortunately, it now appears that many of... Read More

Supermarkets Could Become Pop-Up Police Stations

Posted on by MOVEHUT under Economy

Supermarkets, libraries, a Costa Coffee shop and even Tottenham Hotspur's football ground are being suggested as places where the public could go to report crime as a replacement for traditional police station front counters. The radical idea to create... Read More

Autumn Statement Measure to Boost Development

Posted on 17 December, 2012 by Neil Bird under Industry News

In last week’s Autumn Statement the Chancellor George Osborne announced all newly built commercial property completed between October of next year and September 2016 will be exempt from empty property rates for 18 months. It is hoped this move will give... Read More

Hong Kong Commercial Property Demand Soars

Posted on by Jodee Redmond under Worldwide Property News

The commercial property market in Hong Kong has increased dramatically in 2012. Transaction volumes and values have reached their highest level since 1997 as a result of strong demand from investors after the government moved to impose special stamp duties on... Read More

Summer of Sport Boosts Sports Direct Revenues

Posted on by Kirsten Kennedy under Business News

It is fair to say that the Olympic and Paralympic Games created something of a stir in Britain earlier this year. As well as London being the home ground for the events for the first time since 1948, Team GB did the country proud by eventually finishing third... Read More

One in Six Charities Fear Closure in 2013

Posted on by MOVEHUT under Economy

The UK’s struggling economy is proving to be bad news for charities. According to a recent poll many could disappear as early as next year unless the situation improves. The poll commissioned by the Charities Aid Foundation  (CAF) confirms  that as... Read More

Hilton Announces Plans for Dual-Branded Property in Paris

Posted on 16 December, 2012 by Jodee Redmond under Top Properties

Hilton Worldwide has announced plans to develop its first dual-branded property in France. The Hilton Garden Inn and Hampton by Hilton Val d’Europe will be located near Disneyland Paris in Val D'Europe. The properties are scheduled for completion in... Read More

Sheraton Norfolk Waterside Hotel Heading to Auction

Posted on by Jodee Redmond under Worldwide Property News

The prestigious Sheraton Norfolk Waterside Hotel in Virginia will be sold at auction on 20th December, according to a legal notice published in the December 6 issue of the Virginian Pilot. The 468-room hotel was acquired by a local company for $40 million in... Read More