Monthly Archives: February 2016



Coventry’s New £50m Scheme ‘Vital’ to its Regeneration

New £50m Scheme is 'Vital' to Coventry's Regeneration
Posted on 29 February, 2016 by Chris Grigorovsky under Commercial Developments, Economy, Industry News

The new £50 million mixed use scheme in Coventry's city centre has been deemed vital for its regeneration by the city council. Liverpool based construction firm, Downing, are creating 42 apartments, 600 student bedrooms, as well as 12,000 sq ft of... Read More

Nearly 1 Million Fewer Retail Jobs by 2025 Says BRC

Nearly 1 Million Fewer Retail Jobs by 2025 Says BRC
Posted on by Chris Grigorovsky under Business News, Economy, Industry News

According to a new report published today by the British Retail Consortium (BRC), there is to be an estimated 900,000 fewer jobs in the sector by 2025. The report suggests that store closures on UK high streets and town centres could exacerbate the... Read More

Small Businesses in Scotland Feel Uneducated on EU Vote

Small Businesses in Scotland Feel Uneducated on EU Vote
Posted on 26 February, 2016 by Editor in Chief under Business News

According to a survey more than half of small businesses in Scotland feel that they are not well informed when it comes down to the EU referendum. From the results 76% of respondents have decided on how to vote however 20% still may change their... Read More

Stamp Duty Land Tax Additional Charge Discourages Buy to Let Investors

Tax Changes Discourages Buy to Let Investors
Posted on 25 February, 2016 by Editor in Chief under Business News, Commercial Sales and Lets, Economy

Investors who are considering investing in a buy to let property might be dubious of the Government’s plan to introduce an additional three percent charge on stamp duty land tax. This will cut tax relief on their funding costs, according to a new study by... Read More

Small Businesses Could See a Boost By Utilising Technology

Small businesses could see a boost by utilising technology
Posted on 24 February, 2016 by Editor in Chief under Business News

A recent survey of SMBs found that firms could increase their online presence by implementing technology, resulting in saving time and boosting current productivity. One of the reasons for lack of knowledge in technology for small and medium business... Read More

Phoenix House in Colmore Business District Set To Be Refurbished

Phoenix House in Colmore Business District Set To Be Refurbished
Posted on 23 February, 2016 by Editor in Chief under Commercial Developments, Commercial Sales and Lets

The £8.4m contract to deliver the refurbishment of Phoenix House, Newhall street in the Colmore Business District, has been awarded to Wates Construction. The building is set to be converted into grade A office space spanning 50,000 sq ft over nine... Read More

Business Rates Debacle Hits Offices Collier Reports

Business Rates Debacle Hits Offices Collier Reports
Posted on 22 February, 2016 by Editor in Chief under Business News

According to Colliers International, there are estimated to be 20,000 business rates payers that will be required to remove their appeals, after having seen a leaked VOA internal document. Previously business rates for those that occupied more than one... Read More

New Online Property Tool to Launch from Lambert Smith Hampton

New Online Property Tool Launched by Lambert Smith Hampton
Posted on 19 February, 2016 by admin under Industry News

Lambert Smith Hampton has recently developed a new web-based application to assist occupiers, developers and investors that seek opportunities in the Northern Powerhouse region. The tool provides an in-depth analysis of the region's office markets,... Read More

Record-Breaking £23 billion Income Forecast from Business Rates in 2017

record breaking £23 billion income forecast
Posted on 18 February, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

Business rates continue to be the focus of debate in commercial property, as Councils across England have forecast 2017’s income to reach a record-breaking £23.5 billion, despite many small businesses paying no rates at all. The near £400 million... Read More

Hammerson’s Birmingham Commitment Welcomed by Business Owners

Hammerson’s Birmingham Commitment Welcomed by Business Owners
Posted on 17 February, 2016 by Chris Grigorovsky under Commercial Developments, Industry News

Birmingham’s business leaders have welcomed the commitment to the city by retail property giant Hammerson. Hammerson, who acquired Grand Central last month, recently announced that it would be selling a half share in Birmingham’s Bullring to joint... Read More