Results posted by the British Chamber of Commerce (BCC) indicate that business confidence has reached its highest level in 6 years. This, in turn, has led the BCC to up its forecast for GDP growth to 0.6 per cent in the second quarter. According to the... Read More
Since the financial crash, the vast majority of Britain’s high street banks have pulled out all the stops to ensure they are run more cost-efficiently on both a local and national level. This has led to widespread closures and redundancies within the... Read More
But it’s bad news for insolvency practice There is good news for the high street this week as new figures from Deloitte show that the number of retailers entering administration fell by a third in the first six months of the year. But while the news will... Read More
David Cameron has hailed the redevelopment of Battersea Power Station as the jewel in the crown of London’s renewal. "It felt like you were more likely to see a flying pig than a viable development" says Cameron Writing in the Evening Standard the... Read More
Construction activity increased for the second consecutive month during June as new order growth hit a 13 month high. The Markit/CIPS UK Construction Purchasing Managers’ Index (PMI) rose from 50.8 in May to 51.0, the strongest reading since May... Read More
Now that the worst of the economy’s problems appear to be behind us, the government can once more begin to address issues which were temporarily pushed to the bottom of the pile whist battling an altogether more immediate threat. One of the most prominent... Read More
Since the banking crisis brought the issue of bad lending to light, banks have become increasingly wary of signing off on loans to small businesses. And while lending has gradually increased in recent months due to governmental pressure on the UK’s largest... Read More
A sharp fall in retail rents has been recorded in all regions except London over the past five years according to Colliers International. However the commercial property advisers’ Midsummer Retail Report also contains the encouraging forecast that the... Read More
Premier-Inn owner Whitbread has announced a new city centre hotel concept focused on cheaper, smaller rooms in the best locations. The UK's leading hotel group will open its first "Hub by Premier Inn" next summer in London’s St Martin's Lane. The... Read More
A recent study conducted by Deloitte Real Estate shows that the self-storage sector has grown by 12 per cent over the past year. This growth has been driven by a number of social and business factors that have helped to push revenues in the industry to around... Read More
