Monthly Archives: August 2013



New Look Posts Strong Sales Report

Posted on 14 August, 2013 by Kirsten Kennedy under Business News

The beautiful weather which kicked off this summer season came as a huge relief to retailers, for whom the washout summer of 2012 remained a very real, unpleasant memory. Coinciding with an upturn in Britain’s economic forecasts, the sunshine saw consumers... Read More

English Commuters Face Price Increases on Train Tickets

Posted on by Kirsten Kennedy under Economy

This week it was announced that inflation has once again fallen, going from 3.3 per cent in June to 3.1 per cent in July according to the ONS. As is to be expected, consumers reacted extremely positively to the news, as this will allow households across the... Read More

Marks & Spencer Revealed as Anchor Store for Buchanan Galleries Extension

Posted on by Kirsten Kennedy under Business News

Retailer Marks & Spencer has had something of a turbulent time of late, with critics claiming that its clothing line has failed to attract the attention of target audiences. However, as the autumn/winter collection has so far received positive reviews, it... Read More

Hotel Rates Could Get Cheaper After Investigation

Posted on by MOVEHUT under Business News

Cheaper hotel rooms could be offered by online booking agencies after an on-going investigation by the Office of Fair Trading (OFT) into agreements between online travel agents and hotels. The OFT looked at allegations that Booking.com and Expedia had... Read More

Asda Launches Retail and Distribution Degrees for Workers

Posted on 13 August, 2013 by Kirsten Kennedy under Business News

With many university degrees now costing upwards of £6,000 every year, more and more young people are choosing to forego further education in an attempt to seek gainful employment. However, for those who wish to attend university but simply cannot afford to... Read More

UAE Commercial Property Sector Showing Growing Interest from Investors

Posted on by Jodee Redmond under Worldwide Property News

The Global Commercial Property Survey by the Royal Institution of Chartered Surveyors (RICS) showed a significant increase in investor confidence in the UAE commercial property market. The country came in second in the RICS Investment Sentiment Index. These... Read More

Commercial Property Confidence Drops as Australian Economy Slows

Posted on by Jodee Redmond under Worldwide Property News

Investor confidence in the Australian commercial property market plunged in Q2 as the economy softened. The NAB Commercial Property Index dipped to minus 16, the third lowest level since the bank started keeping track in March 2010. This level represents the... Read More

Tesco and Next Face Criticism from Labour Over the Hiring of Foreign Workers

Posted on by Kirsten Kennedy under Business News

The recent controversy over zero-hours contracts employed by firms such as Sports Direct has opened the floor to a flood of employment-related issues. Subjects such as the role of working mothers in the workplace and underemployment have been the subject of... Read More

Councils Could Lose Millions Under High Street Conversion Plans

Posted on 12 August, 2013 by Kirsten Kennedy under Industry News

Last week, Movehut revealed that future plans for the high street are causing controversy between local authorities and the government. Under new legislation, empty shop units on the high street could be turned into affordable housing without the requisite... Read More

Grimsey Dismisses Portas Business Rates Proposal

Posted on by Neil Bird under Industry News

The former Wickes boss leading the latest study of the high street has dismissed one of the key recommendations of the Portas Review. Bill Grimsey argues that Mary Portas’ proposal to switch the business rates multiplier from the retail price index (RPI) to... Read More