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.
With the economy finally showing signs of improvement shoppers are once more hitting the high street in earnest once more. Despite the fact that inflation remains a little high, the wealth of offers and promotions being rolled out by both commercial... Read More
The recession in the Eurozone together with wide ranging austerity measures are having an impact on Western European retail markets, according to research conducted by BNP Paribas. The overall findings suggest that the prime retail sector remains healthy... Read More
This week, Balfour Beatty announced the upcoming closure of its Doncaster, Dartford and Rochdale sites after warning that full year profits are unlikely to be impressive two months ago. The closures are expected to affect at least 150 workers, most of whom... Read More
Since the start of the recession in 2008, consumers in the UK have faced pay freezes, rising energy costs and a dramatic reduction in the level of household disposable income available to them. However, the largest challenge facing the budget setters in each... Read More
Thriving trade in Britain's hotels and restaurants is leading the way towards an economic recovery, according to the business lobby group the CBI. Chancellor George Osborne has been under fire from the IMF Its quarterly survey showed that hotels,... Read More
The financial crisis took a lasting toll on British business, with experts from the retail and leisure industries consistently reporting low consumer confidence as a result of dwindling household incomes. However, the service sector also felt strong... Read More
Nationwide has increased its share of the UK mortgage market to an unprecedented level. It has been aided by government programmes to support homebuyers, including the Funding for Lending Scheme offered by the Bank of England. The largest building... Read More
Nearly one in five shops in Wales now stands vacant following a disappointing spring for retailers as many shoppers escaped the cold weather by staying at home. The latest data from the British Retail Consortium (BRC)/Springboard Retail Footfall... Read More
The retail industry seems set on a path of recovery, with nationwide results indicating an improvement in consumer confidence and a leap in footfall in high street shops up and down the country. However, with Easter falling in March rather than April this... Read More
Universities in England are to receive a £50m cash boost intended to drive economic growth through “cutting-edge innovation and research projects”. The funding, shared between 16 projects, aims to create 500 new businesses and 3,000 jobs, says... Read More
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.