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.


Comet Collapse Will Cost Taxpayers Millions

Posted on 18 December, 2012 by Neil Bird under Economy

The taxpayer will be left with a multi-million bill following the collapse of electrical retailer Comet according to the administrator Deloitte. With the remaining 50 Comet stores due to close today it appears there is insufficient money left in the coffers... Read More

Festive Frenzy Smashes West End Records Again

Posted on by Neil Bird under Economy

For the second weekend running the festive spending frenzy has smashed West End trading records. Over the course of Saturday and Sunday retailers took an estimated £200 million as footfall once again exceeded expectations. The scale of the bonanza saw... Read More

Survival Rate of Recession Start-Ups Continues to Drop

Posted on by Kirsten Kennedy under Economy

Starting a business in a time of economic difficulty may seem like an ill-advised venture, yet with self-employment on the rise throughout the period it seems that plenty of workers were willing to take that risk. Unfortunately, it now appears that many of... Read More

Supermarkets Could Become Pop-Up Police Stations

Posted on by MOVEHUT under Economy

Supermarkets, libraries, a Costa Coffee shop and even Tottenham Hotspur's football ground are being suggested as places where the public could go to report crime as a replacement for traditional police station front counters. The radical idea to create... Read More

One in Six Charities Fear Closure in 2013

Posted on 17 December, 2012 by MOVEHUT under Economy

The UK’s struggling economy is proving to be bad news for charities. According to a recent poll many could disappear as early as next year unless the situation improves. The poll commissioned by the Charities Aid Foundation  (CAF) confirms  that as... Read More

Free Bus Scheme to be Offered to Unemployed by Transport Coalition

Posted on 15 December, 2012 by Kirsten Kennedy under Economy

Anyone who faces the daily commute to work by public transport knows that, along with frequent delays due to traffic congestion or weather issues, it can prove to be incredibly expensive even with discount options such as a young person’s travel card. And... Read More

Campaigners Protest Against Rising Train Fares

Posted on 13 December, 2012 by Kirsten Kennedy under Economy

British households have had a tough four years during the recession, with high inflation, the rising cost of essentials and pay freezes all adding to the strain on domestic budgets. On top of this, rising public transport costs have severely hit the pockets... Read More

London Retailers Christmas Spirits Boosted by Bumper Weekend

Posted on by Kirsten Kennedy under Economy

Many UK retailers are facing an uncertain Christmas trading period, as rumours of a triple dip recession and continuing struggles in the Eurozone continue to dampen many consumers’ festive spirits. Although this is the first Christmas in almost four years... Read More

Drop in Unemployment Announced by ONS

Posted on by Kirsten Kennedy under Economy

The national unemployment rate was a cause for concern during the recession, as retail chains succumbing to administration began to lay staff off in earnest following multiple store closures. However, unusually, the recession did not seem to cause stable... Read More

Jobs Market Expected to be Hit in New Year

Posted on 12 December, 2012 by Kirsten Kennedy under Economy

Britain’s labour market proved to be surprisingly resilient during the recession, with a larger number of people currently in work than in 2008 despite the plunge in the economic situation in the four years since. However, with fears of a further dip in the... 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.