Tag: business



BHS a Victim of Delayed Business Rates Revaluation says Colliers

Judgement day awaits BHS today
Posted on 12 May, 2016 by Chris Grigorovsky under Business News, Economy

Struggling high street retailer BHS was on the cusp of receiving millions of pounds of business rates cuts, which would have resulted in a saving of over £15m if the revaluation went ahead in 2015, according to Colliers International. Currently,... Read More

Savills Appointed Advisor for BHS Portfolio

Savills appointed advisor for BHS portfolio
Posted on 4 May, 2016 by Chris Grigorovsky under Business News, Economy

One week after entering into administration, BHS’ administrators have appointed Savills to help with its portfolio. The administrators, Duff & Phelps, are currently attempting to find a buyer for the struggling high street retailer, with concerns for... Read More

Regional High Street Investment Down in Q1 2016 but Outlook Still Positive

Regional high street investment down in q1 2016
Posted on by Chris Grigorovsky under Business News, Economy, Industry News

New figures from Cushman & Wakefield have revealed investment in UK regional high street retail assets was down by 10% on last year. This however has not tarnished overall performance of the sector in Q1, as a total of 44 assets were transacted at a... Read More

BHS Files for Administration

Judgement day awaits BHS today
Posted on 25 April, 2016 by Chris Grigorovsky under Business News, Economy

High Street Retailer British Home Stores has had "no alternative" and officially gone into administration following a struggle with £1.3bn worth of debts. For 88 years, the department store has been a mainstay in UK high streets but now it faces a... Read More

Vast Increase of Short-term Outlet Vacancy Rates in UK

Vast increase of short term outlet vacancy rates in UK
Posted on 15 April, 2016 by Chris Grigorovsky under Business News, Commercial Sales and Lets, Industry News

It has been reported that there was an 85% increase of vacant short-term outlets since Q4 2015. The Local Data Company (LDC) found that units which have been vacant for less than a year had increased to 2,109 in Q1 2016, a substantial increase from Q4... Read More

Millions in Tax Relief Missed out by Small Companies

Millions in tax relief missed out by small companies
Posted on 14 April, 2016 by Chris Grigorovsky under Business News, Industry News

A new study by FreeAgent has found that around £250 million of expenses every year are not being claimed by UK micro-business owners, saying the amounts are too small or time consuming to put into their accounts. An aggregated sample of 2.5 million... Read More

Bristol becomes Key Investment Portal for China’s ‘Silicon Valley’

Bristol becomes kay investment portal for chinas silicon valley
Posted on 12 April, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

A major new development initiative has been announced between Bristol and Chinese city Guangzhou, strengthening the business partnership substantially. The Terms under a new Memorandum of Understanding, which was signed at the Mansion House in Bristol... Read More

Movehut’s Top Tips for Utilising Office Space

Movehut's top tips for utilising office space
Posted on 5 April, 2016 by Chris Grigorovsky under Misc

The office is a second home for many. We mentioned in a previous piece that the Office for National Statistics said an average office career of 50 years, means 23.3% of your total waking hours is spent at work. Office zen is essential to ensure a peaceful and... Read More

Is Staffordshire the Right Place for your Business?

Is Staffordshire the right place for your business?
Posted on 4 April, 2016 by Chris Grigorovsky under Economy, Industry News

It has been reported that Staffordshire County Council has pledged to continue inserting millions of pounds into the improvement of its county’s infrastructure, in a bid to attract new commercial investment. Have you ever considered basing your business in... Read More

National Living Wage May Put Small Businesses Under Pressure

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

Last week, National Living Wage (NLW) was implemented as a legal requirement and the Federation of Small Businesses (FSB) is urging small businesses to act now to avoid hefty penalties. As of now, if an employee is aged 25 and over, the compulsory... Read More