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.


Consumer Spending Reaches Record Heights

Posted on 26 June, 2013 by Kirsten Kennedy under Economy

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

Recession and Austerity Measures Hit European Retail Markets

Posted on 17 June, 2013 by Neil Bird under Economy

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

Balfour Beatty Announces UK Site Closures

Posted on 14 June, 2013 by Kirsten Kennedy under Economy

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

BRC Records Shop Price Deflation for First Time in Three Years

Posted on 11 June, 2013 by Kirsten Kennedy under Economy

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

Services Sector Leads Economic Recovery

Posted on 4 June, 2013 by MOVEHUT under Economy

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

Job Cuts at Big Four Banks Revealed

Posted on 31 May, 2013 by Kirsten Kennedy under Economy

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 Doubles Provisions for Commercial Property Loans

Posted on 27 May, 2013 by Jodee Redmond under Economy

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

Number of Empty Shops in Wales Hits New High

Posted on 23 May, 2013 by MOVEHUT under Economy

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

Scottish Retail Results Remain Positive

Posted on 21 May, 2013 by Kirsten Kennedy under Economy

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 to Receive Cash Injection in a Bid to Drive Economic Growth

Posted on 20 May, 2013 by MOVEHUT under Economy

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

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.