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.
Iconic high street retailer BHS is facing uncertainty today, as the store could be filing for administration due to £1.3bn of debt and a stand-off between its owner and the biggest lender. The store’s original majority stakeholder and owner of... Read More
The EU referendum has been a hot topic this week, with many industry experts presenting research that shows how the uncertainty is affecting the current commercial property market. We have been delving into a report produced by Savills which forecasts how it... Read More
This week, Chancellor George Osborne warned of a ‘permanently poorer’ UK if it were to leave the EU, with Treasury analysis saying that by 2030, UK national income could be 6% smaller. Debates are ongoing, trying to convince the nation why we should... Read More
Brexit uncertainty has once again caused concern in the commercial property market, as Newcastle saw its occupier market slowdown in Q1 2016 and leasing activity fall dramatically, Lambert Smith Hampton research reveals. The firms latest Newcastle... Read More
As uncertainty of Brexit’s impact on demand in the market, CBRE has reported that during the “traditionally quiet” first quarter of 2016, demand for office space in London remained robust, with 3.1 million sq ft of offices being taken up by... Read More
A £10 billion lending fund has been launched by HSBC which is set to help UK small and medium sized enterprises. The fund, which forms part of a broader plan to make banking cheaper and simple for customers, is the largest package of support to be... Read More
Chancellor George Osborne has stated that the EU exit will cause severe damage to the UK economy and make it ‘permanently poorer’. Analysis by the Treasury shows that by 2030, UK national income could be 6% smaller, which equates to £4,300 a year... Read More
A major new development initiative has been announced between Bristol and Chinese city Guangzhou, strengthening the business partnership substantially. The Terms under a new Memorandum of Understanding, which was signed at the Mansion House in Bristol... Read More
Durham County Council has approved the transformation of a new 2 million sq ft prime industrial and logistics hub in County Durham. The developer, Citrus Durham Ltd, has received the outline planning permission for Integra 61, a mixed-use commercial... Read More
Despite the stamp duty tax changes reducing overall commercial property capital values in the UK, rental values grew more in March than January and February combined, according to CBRE’s latest Monthly Index. Capital values, after three years of... 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.
