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.


Hotel Occupancy in Birmingham Reaches New High

Posted on 21 November, 2014 by Kirsten Kennedy under Business News, Economy

As Birmingham becomes increasingly relevant in Britain’s business economy, more and more business leaders are descending on the city to seek investment opportunities and expansion options. This, combined with a boom in tourism figures, has seen hotel... Read More

Fifth Avenue in New York becomes World’s most Expensive Shopping Street

Posted on by Kirsten Kennedy under Business News, Economy

As the global economy continues to take tentative steps towards recovery, consumer driven industries worldwide are once more beginning to thrive. This has seen retail rents in prime locations climb steadily, with New York’s Fifth Avenue now regaining the... Read More

Intu expects Bumper Black Friday

Posted on 20 November, 2014 by Kirsten Kennedy under Business News, Economy

Black Friday was, for a long time, a purely American tradition shunned by UK retailers and consumers alike. However, with the advent of online shopping came the need for shopping centres and high streets nationwide to up their game in the run up to Christmas,... Read More

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

Victoria Gate Interest Reflects UK Retail Rebound

Posted on 11 November, 2014 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

High Street Competition pushes down Prices for 18th Consecutive Month

Posted on 6 November, 2014 by Kirsten Kennedy under Economy

As consumers remain wary about excessive spending, shops are increasingly lowering their prices as a means of shifting stock and encouraging customers back through their doors. This has seen prices fall for the 18th consecutive month, according to new data... Read More

New Report reveals extent of London’s contribution to Public Finances

Posted on 5 November, 2014 by Neil Bird under Economy

London made a £34 billion net contribution to UK public finances in 2013/14, supporting jobs and growth throughout the UK, a new report reveals. London’s Finances and Revenues report - produced by the Centre for Economics and Business Research... Read More

UK Manufacturing Growth picks up in October

Posted on 3 November, 2014 by Kirsten Kennedy under Economy

During August and September, the news coming from the manufacturing sector was less than optimistic. Due to a combination of problems in the Eurozone, a drop in domestic demand and the strong pound, output had significantly lessened since the boom period at... 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.