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.


Business Rates hindering Speculative Development says Milton Keynes Property Firm

Posted on 1 May, 2014 by Kirsten Kennedy under Commercial Developments, Economy

The issue of business rates has been one of the most controversial topics within the commercial property market for the past several years with retailers, in particular, arguing that the rising cost of non-domestic rates has been one of the key reasons for... Read More

New Scottish Bankruptcy Peak a “Sign of Recovery”

Posted on 30 April, 2014 by Cliff Goodwin under Business News, Economy

Scottish businesses which survived the recession are now going to the wall in greater numbers than anywhere else in Britain. In the first three months of this year the number of corporate insolvencies north of the border was up more than 70 per cent on the... Read More

Recession-Hit Walsall Scheme Finally Underway

Posted on 19 April, 2014 by Cliff Goodwin under Commercial Developments, Economy

Six years after it was approved by planners work has finally started on a £400m Black Country business and office corridor scheme. Developers claim the Walsall town centre project could eventually create as many as 3,200 new jobs. Based on the... Read More

Consumers buying Discount to save for Luxury Items

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

Sales and profits in the discount sector of the retail industry have skyrocketed in the past few years, largely due to consumers striving to save during the recession. However, at the other end of the scale, luxury goods retailers have enjoyed an impressive... Read More

Are High Streets bad for our Health asks the Design Council?

Posted on 10 April, 2014 by Kirsten Kennedy under Economy

The problems facing the high street have been widely documented and disputed. In the past few days alone we have featured contradictory stories about, on the one hand, the high street’s continued decline, and on the other, the beginnings of its... Read More

BCC remains Cautious despite Service Sector Exports hitting All-Time High

Posted on 9 April, 2014 by Kirsten Kennedy under Business News, Economy

A new survey conducted by the British Chambers of Commerce (BCC) shows that exports within the services sector have hit an all-time high, indicating that lasting growth is beginning to take root in the UK. The survey of 5,600 companies shows that those... Read More

Bank of England raises fears over relaxation of Commercial Property Lending

Posted on 7 April, 2014 by Jodee Redmond under Economy, Industry News

Officials at the Bank of England have raised concerns about the relaxation of lending rules in the commercial property market, according recent minutes from its financial markets watchdog. The minutes from last month's meeting of the Financial Policy... Read More

MediaCityUK Outlet Store reports Strong Rise in Footfall

Posted on 4 April, 2014 by Kirsten Kennedy under Business News, Economy

The retail industry may be recovering slowly but surely, yet picking up bargains where possible is still a priority for most consumers concerned about the cost of living. As a result, outlet stores remain popular shopping destinations. This has been... Read More

Irish Government must act to prevent New Property Bubble warns Agent

Posted on 25 March, 2014 by Cliff Goodwin under Economy, Worldwide Property News

The Irish government must look beyond the signs of recovery to ensure the wrong kind of construction does not prompt another property bubble, a senior agent has warned. There are already signs Ireland’s property market is getting out of control,... Read More

February Footfall drops in every UK Region says BRC

Posted on 20 March, 2014 by Kirsten Kennedy under Economy

High Street footfall has long been one of the most accurate measurements of consumer confidence, but with the advent of online retailing this changed dramatically. Now, it is seen more as a means of determining how well attempts to rejuvenate high street... 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.