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.


Launch of Victoria Gate in Leeds

Honey birdette to join leeds Victoria gate
Posted on 27 October, 2016 by admin under Commercial Developments, Commercial Sales and Lets, Economy

Victoria Gate in Leeds, one of the major regeneration projects by the UK’s property development and investment firm, Hammerson, opened to the public last week. The new retail and leisure complex has already filled 90% of all its units, and some of the... Read More

Decline of shop vacancy rates in Hemel Hempstead

Decline of shop vacancy rates in Hemel Hempstead
Posted on 24 August, 2016 by admin under Commercial Developments, Economy

According to Dacorum Borough Council, there has been a significant decline in the number of empty shops in Hemel Hempstead town centre including Riverside, Marlowes pedestrianised area and Shopping Centre. With the town’s ongoing £30 million... Read More

Starting a Business on a Limited Budget

start a business with limited budget
Posted on 11 August, 2016 by admin under Economy

In 2015, there were 5.4 million small to medium size businesses in the UK, according to Business Statistics report. If you are looking to embrace having your own business, then you are not alone. One of the major factors that makes would-be business... Read More

GSK plans a £275m expansion in its UK sites

GSK plans a £275m expansion in its UK sites
Posted on 27 July, 2016 by Editor in Chief under Business News, Economy, Industry News

The British pharmaceutical company, GlaxoSmithKline plc, still sees the UK as “an attractive location” regardless of Brexit. Chief executive Andrew Witty backed the Remain campaign, said the decision for investment was due to the UK’s skilled... Read More

London’s high house prices sees workers leaving the city

London's high house prices sees workers leaving the city
Posted on 20 July, 2016 by Editor in Chief under Business News, Economy

A recent survey released by The Federation of Small Businesses, has revealed that the housing crisis is pushing employees out of the city. This has seen a quarter of small businesses considering relocating their companies. The report also saw that 57%... Read More

Exporting is favoured among small businesses

Exporting is favoured among small businesses
Posted on 14 July, 2016 by Editor in Chief under Economy

The annual report by UK Export Finance has seen that 77 per cent of the exporters that had benefited from UKEF finance and insurance, were medium size firms and small businesses. It is estimated that there are 7,000 firms in exporter supply chains... Read More

Siemens Keeps UK Investment despite Brexit Caution

Siemens Keeps UK Investment despite Brexit Caution
Posted on 13 July, 2016 by Editor in Chief under Business News, Economy

Industrial giant, Siemens, has stated that the UK is still a “good place to do business” despite its previous Brexit warning. Chief Executive at Siemens, Joe Kaeser, told a selection of media groups that the German company will remain fully... Read More

Convenience Chain Enters into Administration

Convenience chain enters into administration
Posted on 30 June, 2016 by Chris Grigorovsky under Business News, Economy

The retail sector takes another hit this week as convenience chain, My Local, has entered administration, with 1,200 jobs at risk. There have already been 90 stores closed, with a further three to be shut imminently, which will leave just 32 stores... Read More

Leisure Sector to be Unscathed by Brexit Predicts Colliers

5 celebrity owned hotels
Posted on 28 June, 2016 by Chris Grigorovsky under Business News, Economy

The Brexit has caused mass panic across the UK economy, with many experts fearing the worst in major sectors. However, the leisure sector is being seen in a different light, with predictions of increased interest as time moves on. Colliers... Read More

UK Commercial Property Market to Slow in Wake of Brexit

How would the commercial property sector be affected by Brexit
Posted on 27 June, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

Just days after the controversial UK exit from the EU, a number of experts have said that demand for UK commercial property will weaken. Experts, including JLL UK’s chief executive officer, Chris Ireland, have said that activity levels are expected... 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.