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.


Scottish High Street Sales drop in February

Posted on 21 March, 2015 by Kirsten Kennedy under Economy

Although consumer confidence has improved massively in the past year or so, in Scotland it appears that shoppers remain unwilling to spend on their local high streets. This has seen total sales in February drop by 1.4 per cent year on year, raising concerns... Read More

It’s time for the Industrial Sector to speak up and be heard says BPF

Posted on 18 March, 2015 by Chris Grigorovsky under Business News, Economy

At a parliamentary reception, the UK's largest industrial landlords have warned that the shortage of new industrial property will cause long term obstacles on the path to economic recovery. According to research from the British Property Federation... Read More

Unlocking Leicestershire’s Distribution Potential could create 40,000 new jobs

Posted on 4 March, 2015 by Cliff Goodwin under Business News, Economy

More than 40,000 new jobs could be created in the East Midlands if land already earmarked for distribution and logistics projects is delivered, claims a new study. Commissioned by Leicester and Leicestershire Housing Planning and Infrastructure Group,... Read More

January Footfall drops as Shop Vacancy Rates rise

Posted on 19 February, 2015 by Kirsten Kennedy under Business News, Economy

Before the recession, footfall on Britain’s high streets could generally be counted upon to remain high in January as retailers launched sales to make room for incoming spring and summer stock. However, thanks to changing retail habits this is no longer the... Read More

Industrial Property and Skills Shortages threaten Manufacturing Reshoring

Posted on 16 February, 2015 by Kirsten Kennedy under Business News, Economy

As the UK becomes an ever more attractive destination for businesses, manufacturers are increasingly choosing to “reshore” their operations from overseas. But while a new report indicates that this could boost GDP by around £15 billion, a shortage of... Read More

China forecast to become World’s Largest Retail Market by 2018

Posted on 15 February, 2015 by Chris Grigorovsky under Business News, Economy

According to new research, China is set to become the largest retail market in the world by 2018, overtaking the United States. A joint report from PwC and Economist Intelligence Unit forecasts that the sales volume growth in China will be at 7.9 per... Read More

Scottish Property Transactions hit Record High but Office Supply Shortage Worsens

Posted on 14 February, 2015 by Cliff Goodwin under Commercial Sales and Lets, Economy

Scotland now represents the second largest investment region outside London. Last year commercial property deals north of the border surged by 82 per cent. But despite a survey by consultants Jones Lang LaSalle (JLL) claiming that a total of £3.2bn... Read More

Tesco and Morrisons benefit as Grocery Sales climb at Fastest Rate since 2008

Posted on 12 February, 2015 by Kirsten Kennedy under Business News, Economy

The supermarket price war has been escalating recently as the traditional leading grocery retailers attempt to win back consumers from discounters such as Aldi and Lidl. While this technique has appeared unsuccessful to date, it seems that two of the Big Four... Read More

Fall in Shop Vacancy Rates fails to disguise North-South Divide

Posted on 5 February, 2015 by Cliff Goodwin under Business News, Economy

Towns and cities in the north of England have twice as many empty shops as those in the south — with the North-East boasting the highest rate of vacancies in the country. The latest figures from the Local Data Company (LDC) — which monitors 3,000 town... Read More

Construction Industry set for Five Years of Growth

Posted on 28 January, 2015 by Kirsten Kennedy under Business News, Economy

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

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.