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.
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
Unseasonably warm weather has taken its toll on retailers, with the milder than expected temperatures putting something of a dampener on the launch of autumn and winter collections, and adversely affecting footfall levels throughout the... Read More
Land Securities has taken 100 per cent control of Glasgow’s Buchanan Galleries in a sale-and- share deal that sees it relinquish its 50 per cent stake in Princesshay shopping centre in Exeter. Confirming the transaction, Land Securities — the... Read More
With the increase in self-employment and the growth in micro businesses, demand for coworking space across the United Kingdom is likely to exceed four million square feet in the near future and is predicted to rise rapidly over the next 10 years, according to... Read More
WH Smith has been one of the UK’s most popular High Street chains for many years now, with consumers frequently turning to the retailer for their stationery and reading needs. However, like many during the recession the retailer struggled to lift sales –... Read More
Although the UK has seen widespread sustained recovery for the large part in the retail industry since the end of the recession, the ongoing issues surrounding the Euro have meant Ireland has lagged somewhat behind. This has seen vacancy rates in all but... Read More
One major benefit of the economic recovery has been the consistent drop in unemployment figures, which today reached their lowest level since late 2008. According to the Office for National Statistics (ONS), this is largely due to the past year yielding the... Read More
The beginning of the year saw retail sales pick up strongly following several years of decline. This upturn contributed to increasing demand for retail property in key locations and the first rise in rental values in the sector since the recovery.... Read More
As UK growth first started to gather momentum following the recession, the manufacturing sector became one of the country’s best performing areas, feeding demand for industrial property. However, recent weakening in global demand has seen both... Read More
The past five years have seen increasing amounts of investment pumped into Manchester improving infrastructure, boosting the commercial property stock and creating thousands of jobs. As well as going a long way to elevate the number of regular... Read More
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.
