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.


Retail Sales fall for First Time in Ten Months

Posted on 13 March, 2014 by Kirsten Kennedy under Economy

The retail industry has become increasingly buoyant in recent months, with categories such as home ware and furniture leading many retailers to hope that the difficulties brought on by the financial crisis are firmly behind them. However, the fragility of the... Read More

Private Sector Hiring hits Record Levels

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

Growing business confidence has had a beneficial effect upon the country’s unemployment statistics, which have fallen steeply from the peak figures recorded in the aftermath of the recession. The latest research from Markit showed that this drive for... Read More

Shop Prices tumbling as Deflation hits 1.4 per cent

Posted on 6 March, 2014 by Kirsten Kennedy under Economy

Low disposable income and the rising cost of living has pushed consumers to the brink in recent years, with figures from the Joseph Rowntree Foundation revealing that around 3 in 5 families lived in poverty for at least one year during the recession. However,... Read More

Low Pay Commission calls for Minimum Wage Increase

Posted on 2 March, 2014 by Kirsten Kennedy under Economy

Consumer confidence has skyrocketed in the past year or so, with High Street retailers and leisure firms reporting consistent increases in sales and footfall since the end of the recession. However, numerous financial experts have voiced the opinion that true... Read More

UK Retail Sales Exceed Expectations

Posted on 27 February, 2014 by Kirsten Kennedy under Economy

According to data published this week by the Confederation of British Industry (CBI), 45 per cent of retailers surveyed, claimed their sales volumes are significantly higher than those recorded a year ago, with only 8 per cent reporting a year on year... Read More

Fashion Retailer Internacionale to Enter Administration

Posted on 25 February, 2014 by Kirsten Kennedy under Business News, Economy

With consumer confidence on the rise, and the retail industry seeing widespread recovery, administrations have slowed significantly in the past year. However, retailers which do not correctly meet the needs of consumers are still at risk – a situation which... Read More

Good News for the High Street as Consumer Confidence hits New High

Posted on by Kirsten Kennedy under Economy

The retail industry suffered heavily at the hands of the recession, with news of administrations and liquidations hitting the press at an alarming rate. However, thanks to a combination of factors, recovery appears to be in full swing with the British Retail... Read More

Mini Job Trend is not a Result of the Financial Crisis says Employment Expert

Posted on 23 February, 2014 by Kirsten Kennedy under Business News, Economy

The recession brought about many changes in employment patterns. However, one factor which experts now believe cannot be blamed upon the financial crisis is the growing number of British workers choosing to take on a “mini job” rather than committing to... Read More

Business Confidence stokes Potteries Commercial Property Demand

Posted on 21 February, 2014 by Kirsten Kennedy under Economy, Industry News

Earlier this week, it was reported that Realis Estates had issued a statement reiterating their commitment to Stoke-on-Trent’s City Sentral shopping centre development in response to fears over its future. The development of the city centre retail... Read More

Fears that New Greek Property Tax could Stall Recovery

Posted on 13 February, 2014 by Cliff Goodwin under Economy, Worldwide Property News

With property prices falling by 32 per cent since 2010, Greece has now reduced its tax on the sale of properties to just three per cent. Previously anyone buying a commercial or domestic property in Greece had to pay eight per cent on the first €20,000 of... 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.