Business News


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.


Retail Sales remain Stagnant in October

Posted on 12 November, 2014 by Kirsten Kennedy under Business News, Commercial Sales and Lets, Economy

Following September’s spell of warm weather putting a dampener on the launch of autumn and winter collections, retailers had hoped that the cooler October weather would cause consumers to head to the High Street and begin to purchase winter items such as... Read More

Design Team Named For £1bn Manston Master Plan

Posted on by Cliff Goodwin under Business News, Commercial Developments

The design partnership behind London's Brent Cross shopping centre and the Dockland's wildlife sanctuary at Canada Water have been hired to produce a controversial £1bn development master plan for a Kent airport. Last autumn Stagecoach bus company... Read More

Aldi to almost Double Store Portfolio in Eight Years

Posted on 11 November, 2014 by Kirsten Kennedy under Business News

As the Big Four supermarkets continue to struggle against the discounters, many are making the decision to cut back on large store openings as a means of expanding their convenience networks. However, it has emerged that discount brand Aldi is engaging in the... Read More

Victoria Gate Interest Reflects UK Retail Rebound

Posted on by Cliff Goodwin under Business News, Commercial Developments, Commercial Sales and Lets, Economy

With completion not expected until 2016, the developer behind Leeds' Victoria Gate project says the £150m retail complex is already one-third let. Work started in April on the Hammerson-backed scheme, to include one of the largest John Lewis stores... Read More

Solihull Office Market experiences most Active Year in a Decade

Posted on by Kirsten Kennedy under Business News, Commercial Developments, Economy, Industry News

Thanks to the upcoming HS2 project, combined with an increasingly buoyant local economy, commercial property in the West Midlands is enjoying one of its strongest revivals to date. Along with industrial units, this has seen the office market enjoy a period of... Read More

Sainsbury’s to slash New Store Opening Programme

Posted on by Kirsten Kennedy under Business News, Commercial Sales and Lets, Economy, Industry News

Supermarkets are having a very difficult time of late, with the Big Four facing increasing levels of competition from discount rivals such as Aldi and Lidl. As a result of falling sales and plummeting market share, therefore, Sainsbury’s has this week... Read More

TK Maxx Signs Edinburgh Flagship Store Deal

Posted on by Cliff Goodwin under Business News, Commercial Developments, Commercial Sales and Lets

TK Maxx — the European brand of US department store chain TJ Maxx — is opening a 30,000sq ft flagship store within Edinburgh's St Andrew Square development. Already the largest new retail letting in the city centre since the 2011 opening of Primark,... Read More

Tesco faces further Knock with Entertainment Sales Dip

Posted on 10 November, 2014 by Kirsten Kennedy under Business News, Commercial Sales and Lets

Tesco, once the most dominant retailer in the grocery market, has suffered a number of losses in the past few years, with profit warnings, falling sales and a plunge in market share all contributing to bringing the group back down to earth with a bang.... Read More

Scotland’s “No” Vote Prompts Surge In Commercial Deals

Posted on by Cliff Goodwin under Business News, Commercial Developments, Commercial Sales and Lets

The majority of Scotland's third quarter commercial deals were squeezed into the two weeks following the independence "No" vote, one of the country's biggest property organisations has claimed. More than £962m worth of Scottish commercial, retail and... Read More

Selfidges announces Highest Profits in Company History

Posted on 7 November, 2014 by Jodee Redmond under Business News

Selfidges has announced that its sales for the last financial year increased by 10.4 per cent and its operating profit attained the highest level in its 105-year history. The Group stated that sales were more than £1.2bn for 2013 and that operating... Read More

Learn more about our Business news category

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.