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 Rate Fears dampen June Retail Sales

Posted on 16 July, 2014 by Kirsten Kennedy under Economy

Retail sales have been steadily growing since the end of 2013 with uplift in consumer confidence together with a hike in real wages creating a more positive environment for retailers. However, the latest figures from the British Retail Consortium (BRC) and... Read More

British Businesses remain Confident in face of Challenges

Posted on 15 July, 2014 by Kirsten Kennedy under Business News, Economy

As the UK recovery continues to gather momentum, confidence amongst businesses has reached a level not seen since before the recession hit in 2008. This has led to huge investment into almost every sector of the economy, with two different studies... Read More

Post-Recession Squeeze Impacting Commercial Property Market

Post-Recession-Squeeze-Impacting-Commercial-Property-Market
Posted on 14 July, 2014 by Cliff Goodwin under Economy

The recession may be over but many property companies are still living through its vapour trail of late payments and bad debts, claims one of the UK’s leading corporate recovery lawyers. According to Eleanor Temple, a barrister at Kings Chambers in... Read More

Thorntons Closes 36 Stores as Business Rebalance Continues

Thorntons-closes-36-Stores-as-Business-Rebalance-Continues
Posted on by Kirsten Kennedy under Business News, Economy

High Street retailers may be enjoying a relatively profitable period at present due to the upturn in the economy, but this does not necessarily mean that their future successes are guaranteed. Factors such as changing consumer spending habits, high levels of... Read More

Shop Prices Fall at Fastest Rate in 8 Years says BRC

Posted on 10 July, 2014 by Kirsten Kennedy under Economy

Although the economic improvements have led to an increase in consumer spending, retailers are now facing a new problem; increased competition within the retail industry from both discounters and their market rivals. This has seen stores dropping prices in a... Read More

Manufacturing Confidence falters in June

Posted on 9 July, 2014 by Kirsten Kennedy under Economy

Manufacturing has proven to be one of the greatest drivers of growth since the end of the recession, fuelling demand for industrial and warehouse property as firms expand to fulfil domestic and overseas orders. However, according to accountancy and... Read More

Store Closures Possible at struggling Mamas and Papas

Posted on 8 July, 2014 by Kirsten Kennedy under Business News, Economy

Although consumer confidence has improved since the recession, a combination of low wage growth and changing spending habits continues to affect high street retailers. This has led to several popular names voicing concerns for the future with upmarket pram... Read More

La Senza enters Administration for Second Time in Two Years

Posted on 2 July, 2014 by Kirsten Kennedy under Business News, Economy

Since the end of the recession, the number of high street retail administrations has reduced markedly, leading many analysts to hope that recovery is in full swing within the retail sector. Unfortunately the latest news from La Senza indicates that there is... Read More

Scunthorpe sees half its Vacant Commercial Stock snapped up as Confidence Returns

Posted on 30 June, 2014 by Cliff Goodwin under Economy

A Lincolnshire town which for years has carried hundreds of thousands of square feet of unused warehouse and office space has seen its stockpile of vacant commercial property halved as the post-crisis recovery gathers pace. At the depths of the... Read More

Retail Sales fall flat in June

Posted on 27 June, 2014 by Kirsten Kennedy under Economy

For many retailers, hopes were raised that the launch of the 2014 World Cup, in combination with the warm weather experienced across the majority of the UK in recent weeks, would equate to a huge increase in consumer spending in June. However, if recent data... 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.