In the Business News category you will find a wide selection of articles on businesses and their UK commercial properties. These include corporate news stories featuring companies ranging from established market leaders to SMEs and recent start-ups.
Tesco's new chief executive, Dave Lewis, has named the 43 stores he is closing as the first phase of his campaign to turn the struggling supermarket around. It's expected at least 2,000 staff will lose their jobs. Already dubbed "Drastic" Dave Lewis by... Read More
The John Lewis Partnership seems virtually untouchable in the new era of retailing, with both its self-titled department store chain and Waitrose supermarket subsidiary proving consistently popular with consumers. In fact, executives have this week announced... Read More
A new report from the Construction Industry Training Board (CITB) predicts average annual industry growth of 2.9 per cent until 2019. As a result, the next five years will see construction firms grow exponentially, with the CITB forecasting the... Read More
Songbird Estates has conceded defeat in its battle to hold on to Canary Wharf, and reluctantly recommended that shareholders accept the offer from Canadian property investor Brookfield and Qatar’s sovereign wealth fund QIA. Today’s recommendation... Read More
Despite the fact that consumers are now spending more than at any point since the financial crisis, the local pub remains under threat, with many of those forced to close in the past year being turned into convenience stores or discount units. However, a new... Read More
British Land has today (27th January) published its Q3 2014/15 trading statement, showing another good performance from the company. In the period to 31st December 2014, British Land completed 269,000 sq ft of retail lettings and renewals and 168,000... Read More
As international investment in the UK continues to grow, many retail groups are seizing upon the opportunity to offload loss making brands as a means of improving the overall performance of their assets. This is the case for the Arcadia group, which has this... Read More
A West Yorkshire-based hotel group looks set to double its property holding after a 20 per cent buy-in by property and investment company Commer Group. The Tadcaster-headquartered investor is refusing to say exactly how much acquiring the one-fifth... Read More
American private investment firm Starwood Capital has acquired four distressed London hotels and a luxury residential block once operated by serviced apartment provider Think. In August last year the firm issued a statement saying that some of the... Read More
The issue surrounding the UK’s airport capacity has led to controversy, with the current phase pitting Heathrow against Gatwick in a bid to decide which of the South East’s airports should be granted a second runway. However, it seems that Heathrow may be... Read More
Business News covers more than company results. Of course you will find these stories in this category alongside news of the latest business deals, mergers and administrations. You can also read about director’s bonuses, supermarket price wars and current retail promotions.
We also carry features covering topical issues affecting businesses like the increasing use of smart phones and the impact of social media. And because business involves people we also report on both serious and light hearted issues facing the staff of offices and other commercial properties.
So if this is the kind of news that interests you, you’ll find it here together with regular updates, analysis and background features.
