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.
Just days after the controversial UK exit from the EU, a number of experts have said that demand for UK commercial property will weaken. Experts, including JLL UK’s chief executive officer, Chris Ireland, have said that activity levels are expected... Read More
The UK high street has received a positive shot of adrenaline as health food retailer, Holland & Barrett, has managed to surpass its £100m profits, showing the brand’s continued growth. Across the 694 UK stores and 99 international franchises, sales... Read More
Despite online shopping dominating the retail market, the majority of shoppers still favour town centres, new research has revealed. The survey of 2,000 UK shoppers, conducted by Bracknell Regeneration Partnership, 50:50 joint venture partnership... Read More
It’s been revealed by CBRE’s latest Monthly Index that commercial property rental and capital values in May remained steady across the UK, despite “a great period of uncertainty.” Commercial rental values grew by 0.1%, while capital values... Read More
We have now hit the halfway mark of 2016. A lot has happened in the commercial property market in the last 6 months, such as the Budget introducing a substantial change to Stamp Duty Land Tax and business rates. All of this has and will have an impact on the... Read More
Plans for a £1bn expansion of MediaCityUK has been announced by Peel Land & Property and Legal & General, which are to be submitted to Salford Council. The new scheme is for ten buildings totalling 2.3 million sq ft and will comprise 540,000 sq ft of... Read More
Two thirds of businesses are feeling the lack of skilled workers, combined with constant changes to tax and regulatory requirements, is adding substantial pressure to owners, according to the Enterprise Index from Smith & Williamson. Over the next 12... Read More
The latest PMI survey from Markit has revealed that manufacturing in the UK stayed at an underwhelming rate in May, only increasing slightly above the neutral mark at 50.1. Production volumes during this period remained fairly unchanged on the previous... Read More
High street retail has taken another hit, as this week saw administrators announce that menswear clothing brand, Austin Reed, is set to close all 120 of its stores, putting 1,000 jobs at risk. The 116-year-old retailer is set to wind-down as there were... Read More
New figures from Hammerson’s Retail Tracker, HART, have revealed that technology sales across UK shopping centres had an overall 0.4% uplift in sales in April. It outperformed BRC’s latest figures which saw like-for-like sales down -0.9% for the... 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.
