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.


Will Black Friday Be Deemed “Black My-Day” Once Again?

Will Black Friday Be Deemed Black My-Day Once Again
Posted on 2 November, 2015 by Chris Grigorovsky under Business News, Commercial Developments, Economy

After the monumental success that was Black Friday 2014, where, according to Hammerson's Shopper Tribes Report, 66 per cent of consumers used this as an opportunity to treat themselves rather than acquiring Christmas gifts (Black My-Day), retailers are... Read More

Byron Set to Debut at Union Square, Aberdeen

Byron set to debut at union square
Posted on 29 October, 2015 by Chris Grigorovsky under Business News, Commercial Developments, Economy

Hammerson has announced that British restaurant group, Byron, has signed up to open its first ever restaurant in Scotland at Union Square in Aberdeen within a few months. Byron's new 3,751 sq ft unit will be situated on the first floor of the centre... Read More

Autumn Shopping Bonanza set to bring pre-Christmas Cheer to Retail Sector

Autumn shopping bonanza set to bring pre-Christmas cheer to retail
Posted on 28 October, 2015 by Neil Bird under Economy

Shoppers are not waiting for the festive season to start spending this year, new research from intu reveals. In fact most British adults have a full shopping list to complete before the end of November – but what items top the list varies from region to... Read More

Consumer Confidence hits Four Year High

Consumer confidence hits four year high
Posted on 21 October, 2015 by Kirsten Kennedy under Economy

Following the recession, consumer confidence in the UK remained extremely subdued and as a result retailers continued to report falling sales, dropping profits and store closures. However, the situation has gradually improved in many sectors of the retail... Read More

Bristol City Office Market Steady in Q3 – Poised for Increase in Q4

Bristol City Office market steady in Q3 - poised for increase in Q4
Posted on 19 October, 2015 by Jodee Redmond under Commercial Sales and Lets, Economy

The Bristol office market saw higher activity across various sectors in the third quarter of 2015, and expectations are high that activity levels will continue at this pace as the year enters its final three months. In analysing the latest city... Read More

Strong Economy will drive Regional Construction until 2018

Posted on 7 October, 2015 by Cliff Goodwin under Commercial Developments, Economy

For the first time in almost five years the West Midlands construction industry is experiencing a “bounce back” on the scale of that previously only concentrated in the South West. According to a new construction activity index, jointly compiled by... Read More

Birmingham: The New Place for Investors

Posted on 6 October, 2015 by Chris Grigorovsky under Economy

Usually when we think of London there's a certain image we create. For as long as we can remember it has been seen as the hub of the business world in the UK. With its vast business districts and awe inspiring office skyscrapers, it is a romanticism for... Read More

New Report Reveals 7.5% Vacancy Rate in UK Warehouse Market

New Report Reveals 7.5% Vacancy Rate in UK Warehouse Market
Posted on 4 October, 2015 by Chris Grigorovsky under Economy, Industry News

In association with the UK Warehousing Association (UKWA), a report by Savills has showed that the current total volume of existing warehouse space in the UK is 424 million sq ft, with a nationwide vacancy rate of 7.5%. It also looks into warehousing... Read More

Britain’s Farmland Values Show Signs of Slowing

Britain’s Farmland Values Show Signs Of Slowing
Posted on 2 October, 2015 by Cliff Goodwin under Economy, Industry News

Despite an increase in the amount of farmland being sold so far this year, there are warnings that recent price rises are now starting to level off. In its latest rural land report, estate and letting agents Savills claims that yearly returns to the end of... Read More

Manchester Still On The Menu For Hungry Restaurant Operators

Posted on 19 September, 2015 by Cliff Goodwin under Business News, Economy

Thirty national restaurant chains have opened sites in Manchester in the past four years. There are now 140 eateries within the northern city, according the real estate advisors Savills. Keeping track of the catering influx since the firm hosted the... 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.