Economy


In the Economy category you will find all the latest news concerning the economic picture and its impact on the UK commercial property market. This includes the wider effect on businesses, employment and consumers.


Interest Rates Impact on Commercial Property

Posted on 5 July, 2023 by Editor in Chief under Economy, Industry News

Interest rates play a crucial role in the dynamics of the commercial real estate market. As global interest rates rise, the repercussions are felt across all aspects of commercial property investment. This effect isn't confined to a particular geographic... Read More

Investment expected to increase across Asia-Pacific in 2021

Posted on 9 March, 2021 by Editor in Chief under Business News, Economy, Misc

Confidence in commercial real estate is on the increase across the Asia-Pacific area, with 2021 set to watch a 5% to 10% growth in investment, according to CBRE's latest Asia-Pacific Investor Intentions Survey. The poll conducted late last year asked over... Read More

UK property industry slows as the conclusion of tax break looms

Posted on 15 February, 2021 by Editor in Chief under Business News, Economy

The United Kingdom property market softened greater than anticipated in January as RIC's surveyors reported a fall in enquiries from potential homebuyers for the first time in eight weeks. The most recent signal the imminent end of the stamp duty vacation is... Read More

BNP Paribas cautioned investors on Friday as debt-trading bonanza that increased its earnings this past year

Posted on 6 February, 2021 by Editor in Chief under Business News, Economy

BNP Paribas cautioned investors on Friday as debt-trading bonanza that increased its earnings this past year was not likely to continue while signalling the worst of worldwide coronavirus catastrophe was over for its loan book.   However, the... Read More

House Prices in the Capital Surpass £500,000

Posted on 22 January, 2021 by Editor in Chief under Economy, Misc

For the first time, the average house in the capital surpassed £500,000, bringing misery for first-time buyers in London and cheer to current homeowners.    London house prices are at an average of £513,997, which is more than double the... Read More

Optimism from the Bank of England’s chief economist

Posted on 1 July, 2020 by Editor in Chief under Economy

The UK can expect a faster and sooner rebound according to the Bank of England chief economist. According to Andy Haldane, the Bank of England chief economist the UK economy is heading for a "V-shaped" recovery after a faster-than-expected rebound from... Read More

Businesses operating from shared premises will miss out on grants

Posted on 19 May, 2020 by Editor in Chief under Business News, Economy

Local authorities fear that funding does not meet the needs of all workspace businesses that are eligible for government grants.    Business group leaders and local authorities fear that thousands of small companies will not be able to secure... Read More

Covid-19 Causes Millions To Claim UK Furlough Scheme

Posted on 20 April, 2020 by Editor in Chief under Business News, Economy

The UK furlough scheme which aims to keep employees on payroll through not working due to the Covid-19 crisis has gone live.    In an interview with the BBC’s Today programme, the boss at HMRC, Jim Harra, said that... Read More

America, Amazon Wants You!

Posted on 14 April, 2020 by Editor in Chief under Business News, Economy

The US coronavirus lockdown has meant millions of Americans have lost their jobs, with more than 16 million submitting unemployment claims.   Amazon, the online retailing giant has encouraged those who have become unemployed to take up their... Read More

UK Firms Battle To Survive

Posted on 1 April, 2020 by admin under Business News, Economy

The battle against COVID-19 is proving more difficult for small and medium-sized businesses in the UK, as it has been reported, per the BBC’s Economics Correspondent, that nearly a fifth are unlikely to get the capital they need to keep... Read More

Learn more about our Economy category

The economy affects us all. It can make or break Governments, prove a factor in the success or failure of a business and dramatically influence consumer confidence. Our articles focus on its impact on the commercial property market in the widest sense.

This means that we cover stories on how the economy affects the prospects of commercial property occupiers and their employees. We also carry the latest company, financial and consumer news.

So if you want to read about the latest corporate developments or keep up to date with recent openings and closures on the high street then this is the page for you.