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.


UK Retail Sales hit Six Month High

Posted on 1 August, 2013 by Kirsten Kennedy under Economy

The retail industry is making huge steps towards recovery as improvements in the economy have finally begun to have a positive impact on consumer confidence. This fact has been further compounded by the warm weather, and as a result UK retail sales hit a... Read More

Retail Sales Boosted by Department Store Offers

Posted on 23 July, 2013 by MOVEHUT under Economy

UK retail sales rose by 0.2 per cent in June, over the previous month, helped by department store discounts and promotions. According to the Office for National Statistics (ONS) the figure meant sales were up 2.2 per cent compared with June... Read More

Number of Companies in Financial Distress Drops in Second Quarter

Posted on 21 July, 2013 by Kirsten Kennedy under Economy

During the course of the past months, there have been a number of indicators that the economic situation is slowly improving. Business confidence has once more reached highs not seen since before the recession, consumer confidence is rising and the commercial... Read More

SMEs in Poorer Cities at Risk from Spending Cuts

Posted on 20 July, 2013 by MOVEHUT under Economy

Small and medium-sized companies in the UK’s most vulnerable towns and cities face a particular threat from public spending cuts and the continual impact of the recession, a study has warned. Hull is one of the cities identified as being most... Read More

Further Fall in Unemployment Announced

Posted on 18 July, 2013 by Kirsten Kennedy under Economy

UK unemployment fell by a further 57,000 in the three months to May. According to the Office for National Statistics (ONS), this means that there are currently 2.51 million workers without a job, with the unemployment rate remaining stable at 7.8 per... Read More

Morrisons Claims Shoppers are Still Struggling as it Plans Expansion

Posted on 17 July, 2013 by Kirsten Kennedy under Economy

While the economy is showing positive signs of recovery, there is still a long way to go. Inflation remains at a worrying level, and this in turn is having a negative effect on consumers – especially those still struggling with pay freezes or very low... Read More

Service Sector Growth is Positive Sign for Economy

Posted on 8 July, 2013 by Kirsten Kennedy under Economy

Since the start of the year, when all signs indicated a significant improvement in the economic situation in this country, businesses across the board began hiring again in order to be prepared for a post-recession boom period. While retailers remain... Read More

UK Business Confidence at Six Year High

Posted on 6 July, 2013 by Kirsten Kennedy under Economy

Results posted by the British Chamber of Commerce (BCC) indicate that business confidence has reached its highest level in 6 years. This, in turn, has led the BCC to up its forecast for GDP growth to 0.6 per cent in the second quarter. According to the... Read More

UK Construction Activity Hits 13 Month High

Posted on 5 July, 2013 by Neil Bird under Economy

Construction activity increased for the second consecutive month during June as new order growth hit a 13 month high. The Markit/CIPS UK Construction Purchasing Managers’ Index (PMI) rose from 50.8 in May to 51.0, the strongest reading since May... Read More

Rising Cost of Living Leaves Families Worse Off

Posted on 2 July, 2013 by Kirsten Kennedy under Economy

Despite encouraging economic indicators, rising living costs play a huge role in the lives of families living on the breadline. According to a report by the Joseph Rowntree Foundation (JRF), the past five years have seen the average cost of living for a... 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.