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.


Midlands’ Retail Sector Sees Landmark Year

Midlands Retail Sector Sees Landmark Year
Posted on 3 March, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

According to sector analysts, West Midlands consumers are starting to return to in-store shopping as their purchasing habits evolve. Meeting in Birmingham, representatives from BDO, Lambert Smith Hampton and the Mailbox, discuss retail sector trends... Read More

Highest Level of Investment in A Decade for 2015 UK Office Market

Highest Level of Investment in Decade for 2015 UK Office Market
Posted on 2 March, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

UK office investment in 2015 reached its highest level since 2007, with a total of £26 billion, according to Lambert Smith Hampton's latest UK Office Market Pulse. The market which experienced the strongest activity was regional office markets in the... Read More

‘Age of Change’ is Upon UK Shopping Centres

'Age of Change' is Upon UK Shopping Centres
Posted on by Chris Grigorovsky under Business News, Economy, Industry News

Despite UK shopping centre property investments in 2015 providing total returns of 10.0%, the sector is due to face an 'Age of Change' and bring with it challenges for many centres. According to the latest MSCI/Colliers International UK Shopping Centre... Read More

Small Improvement on UK Economic Growth in February

Small improvement on UK economic growth 2016
Posted on 1 March, 2016 by Chris Grigorovsky under Business News, Economy

In the three months to February, economic growth saw a small improvement compared to poor performance in January, resulting in improved expectations for the coming quarter, according to CBI's latest Growth Indicator. The survey, which comprises 790... Read More

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

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

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

New Aberdeen Retail and Leisure Expansion Plans Revealed

New Aberdeen Retail and Leisure Expansion Plans Revealed
Posted on 15 February, 2016 by Chris Grigorovsky under Commercial Developments, Economy, Industry News

Hammerson has recently announced that Union Square in Aberdeen has submitted an application for planning permission in principle (PPiP) for a multi-million pound expansion of one of Scotland’s premier shopping destinations. The expansion comprises... Read More

Bristol Firm Ahead of the Game for Construction Sector Revive

Bristol Firm Ahead of the Game for Construction Sector Revive
Posted on 11 February, 2016 by Chris Grigorovsky under Economy, Industry News

The construction industry is set to see a surge over the next five years, with more than 26,000 jobs being created and Bristol builders are preparing themselves and stepping up on finding the right recruits. Helm Construction doubled its workforce all... 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.