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.


Recession still ‘Blowing a Gale’ for Blackpool Businesses

Posted on 2 June, 2014 by Cliff Goodwin under Economy

As the recession blows itself out across most of the country one of Britain’s traditional holiday resorts has yet to recover from the financial storm with more than 100 of its leisure properties up for sale — at a collective price tag of... Read More

Waitrose Sales Rise as Weather Improves

Posted on 28 May, 2014 by Kirsten Kennedy under Business News, Economy

With a spate of Bank Holidays in April and May bringing a somewhat unexpected spell of sunny weather with them, British consumers took advantage by stocking up on summer goodies in order to enjoy barbecues and beach trips with friends and family. This saw... Read More

Survey shows Business Optimism at Highest Level since 1998

Posted on 27 May, 2014 by Kirsten Kennedy under Business News, Economy

The improved economic climate in the UK has allowed businesses to expand at a rate not seen since before the recession struck in 2008, with firms in most industries channelling a rising amount of investment into commercial property growth. In turn, this has... Read More

Economic Slowdown hits Indian Commercial Property Prices

Posted on 24 May, 2014 by Jodee Redmond under Economy, Worldwide Property News

The price of commercial property in New Delhi, which includes retail space as well as offices, has dropped 30% from its peak value in 2008 due to a glut in supply and weak demand over the past few years. One-fifth of commercial space is currently... Read More

Commercial Investment Rockets in West Midlands as Regions ‘Narrow the Gap’

Posted on 23 May, 2014 by Kirsten Kennedy under Commercial Sales and Lets, Economy

Demand for commercial property in the West Midlands is on the rise, with proximity to economic hubs such as Birmingham deemed highly desirable for expanding firms. Furthermore, local financial powerhouses such as JCB and Jaguar Land Rover have invested... Read More

Good News for the High Street as April Sales Growth hits Ten Year High

Posted on 21 May, 2014 by Kirsten Kennedy under Economy

The warm spring weather appears to have encouraged many consumers to hit the high street as personal finances improve. Yet April did not just see retailers benefit on an individual level, as the retail industry as a whole enjoyed the strongest monthly leap in... Read More

Record number in work as Unemployment Rate falls to 6.8 per cent

Posted on 15 May, 2014 by Kirsten Kennedy under Economy

Since the end of the recession, a number of sectors within the British economy have shown marked improvements as a result of increased investment into growth. However, arguably the most positive impact the upturn in the economy has yielded is the national... Read More

Furniture and Flooring boost Easter Retail Sales

Posted on 14 May, 2014 by Kirsten Kennedy under Business News, Economy

The retail industry is currently benefiting from a number of improvements in the UK economy, with a drop in inflation and a climb in real wage growth combining to encourage a lift in consumer spending. This saw sales rise strongly over Easter, with furniture... Read More

Outdated Property and Infrastructure could Jeopardise UK Recovery

Posted on 9 May, 2014 by Kirsten Kennedy under Economy

With reports of demand beginning to outstrip supply in some key markets, the absence of commercial development during the recession may hinder the recovery. However, a new report from asset design and consultancy firm Arcadis has highlighted the very real... Read More

Improving West Midlands Market puts Strain on Supply

Posted on 8 May, 2014 by Kirsten Kennedy under Economy, Industry News

While the London commercial property market may be in robust health, until the beginning of this year the regional markets had struggled to recover. However, a new survey conducted by RICS indicates that the West Midlands is in the midst of a resurgence which... 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.