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.


Pickles dismisses “Tesco Tax” Proposals

Posted on 29 October, 2014 by Kirsten Kennedy under Business News

Twenty councils from around the UK have backed a proposal to introduce a “Tesco Tax”. Led by Derby city council, the local authorities have called on the government to impose a tax on large retailers which would see businesses such as Tesco,... Read More

Lloyds Bank confirms 150 Branch Closures

Posted on 28 October, 2014 by Kirsten Kennedy under Business News

Lloyds Bank has confirmed that it will close a net 150 branches over the next three years. Although the high street banking chain has not yet revealed which branches are due to close it has revealed that the first wave will occur primarily in urban... Read More

Profit Warnings hit Highest Level since 2008

Posted on 27 October, 2014 by Kirsten Kennedy under Business News, Economy

During the initial period of the recovery which followed the recession, it was easy to imagine that the problems facing businesses were all but eliminated. Unfortunately, the latest data from consultancy firm EY demonstrates that this is entirely false as... Read More

Deputy PM launches Agency to promote Northern Tech Talent

Posted on 26 October, 2014 by Cliff Goodwin under Business News

The Deputy Prime Minister has invited the 20,000 technology businesses in Manchester, Leeds, Sheffield, Liverpool and Newcastle to create a virtual hub — and challenge the international dominance of high-tech cities. Launching TechNorth – aimed at... Read More

Waitrose Boss claims Supermarket Estates are “20 Years out of Date”

Posted on 24 October, 2014 by Kirsten Kennedy under Business News

With the majority of retail reports in the past year showing the Big Four supermarkets losing further ground to discounters some have begun to question the future of the big box format. Supermarkets have responded to this with high-profile marketing... Read More

Debenhams plans Estate Expansion despite Profit Plunge

Posted on 23 October, 2014 by Kirsten Kennedy under Business News

Debenhams chief executive Michael Sharp remains optimistic despite the retailer’s disappointing annual sales results. In the year to the 30th of August, Britain’s second largest department store recorded a profits plunge of 24.8 per cent, with... Read More

HS2 bosses cite Sheffield Gateway’s impact on Rateable Values

Posted on by Cliff Goodwin under Business News, Commercial Developments

Seven years after the completion of a £25m upgrade to Sheffield railway station the value of commercial property in the area has increased by two-thirds and almost 3,000 new jobs have been created. The figures were revealed during a parliamentary... Read More

Business Rates Bounty could fund ‘Northern Powerhouse’ Proposal

Posted on by Kirsten Kennedy under Business News

Chancellor George Osborne is rumoured to be considering a business rates reform which would see local authorities in cities such as Manchester, Liverpool and Leeds keep a greater proportion of revenue raised for use in local enterprise... Read More

Home Retail Group announces Homebase Closures

Posted on 22 October, 2014 by Kirsten Kennedy under Business News

Home Retail Group has made the decision to implement a programme of store closures in its Homebase chain. A review of the chain’s store portfolio earlier this year found that a number of the 323 outlets currently operating in the UK are... Read More

Silverstone to manage North East Car Dealership Expansion

Posted on by Cliff Goodwin under Business News, Commercial Developments

A North-East car dealership has kept its expansion plans local by commissioning Newcastle-based Silverstone Building Consultancy to oversee a series of construction projects. The four-showroom Pulman Group — which has two sites in Durham and two in... 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.