Monthly Archives: March 2016



Bruton Knowles Signs Major Commercial Deal Before Stamp Duty Hike

Bruton Knowles Signs Major Commercial Deal Before Stamp Duty Hike
Posted on 18 March, 2016 by Chris Grigorovsky under Commercial Sales and Lets, Economy

Bruton Knowles dodged the budget bullet by acquiring a multi-let investment just hours before the Stamp Duty hike took effect, saving the client £20,000 in extra duty. The Language Business Park deal was signed off by Mark Slade from Bruton Knowles... Read More

Are Things Looking Up for Manchester’s Refurbished Office Market?

Manchester's Refurbished Office Market Looking Strong
Posted on 17 March, 2016 by Chris Grigorovsky under Commercial Developments, Industry News

With approximately 625,000 sq ft of office space being refurbished in Manchester over the next two years, the sector is currently thriving and continues to see healthy levels of take up, according to Savills. The firm has reported that over the last 10... Read More

Is the North West Industrial Market Set to Suffer?

North West Industrial Take Up to Face Severe Shortage
Posted on by Chris Grigorovsky under Economy, Industry News

The end of 2016 is expected to see a severe shortage of Grade A industrial stock in the North West, according to a report from Savills. Despite the North West having the second largest development pipeline of any UK region, with 2.2 million sq ft of... Read More

Budget 2016 – Business Rates Cut and New Commercial Stamp Duty Rates

record breaking £23 billion income forecast
Posted on 16 March, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

George Osborne has announced that from April 2017, business rates will be getting a substantial cut, which is set to benefit small businesses going forward. The current system sees 100% relief given only to businesses that occupy property such as a... Read More

London’s West End Named Top Retail Destination in Europe

London’s West End Named Top Retail Destination in Europe
Posted on by Chris Grigorovsky under Business News, Economy, Industry News

A new 2016 Global Retail Destination Index launched today at MIPIM, has revealed London as top retail destination in Europe. Created by New West End Company and commissioned with Savills, the “Window to the world” report has ranked London’s West... Read More

SMEs Want Chancellor to Make a Simpler Tax System

SMEs Want Chancellor to Make a Simpler Tax System
Posted on 15 March, 2016 by Chris Grigorovsky under Business News, Economy

Ahead of the budget this Wednesday, a survey commissioned by accountancy firm Moore Stephens revealed that the majority of SMEs are in favour of a change to the tax system and introducing a flat rate of tax. It revealed that around 55% of SMEs are... Read More

Record Office Take Up in Basingstoke Shows Sector’s Appeal

Record Office Take Up in Basingstoke Shows Sector's Appeal
Posted on by Chris Grigorovsky under Commercial Sales and Lets, Economy, Industry News

In the first quarter of 2016, Basingstoke has seen record office take up, which is the largest since the start of the recession, according to reports from agents Hollis Hockley. Between the period of 1 January - 31 March this year, the firm has... Read More

Employees Fear Technology will Disrupt Businesses

Employees Fear Technology will Disrupt Businesses
Posted on 14 March, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

A new study has revealed that nine out of ten employees fear their businesses will be under threat over the next five years due to new technology trends. The Beyond Digital report, launched by digital experience consultancy Infomentum, found that a... Read More

Manufacturing Sector Helps Industrial Output Return to Growth in January

Manufacturing Helps Industrial Output Return to Growth in January
Posted on 11 March, 2016 by Chris Grigorovsky under Economy, Industry News

After a sharp fall in December, British industrial output saw a return to growth, helped along by an upturn in manufacturing, the Office for National Statistics reported. In the month of January, industrial output saw a weaker rise than expected, with... Read More

Overseas Investment Contributed £335m to Birmingham Office Market

Overseas investment contributed £335m to Birmingham office
Posted on 10 March, 2016 by Chris Grigorovsky under Economy, Industry News

In 2015, it was found that half of the Birmingham city centre office deals were through overseas investors, spending £335m in total. Two of the biggest deals of the year were the £131m acquisition of RBS's Brindleyplace headquarters and the £36.7m... Read More