Many retailers in the UK have been left disappointed by the Christmas trading period, with chains such as Tesco, Morrisons and Debenhams forced to readjust their annual profits forecast due to a somewhat lacklustre December. However, in key tourism... Read More
Small firms in the UK have taken great steps towards recovery since the end of the recession, with an upturn in both consumer and business confidence driving growth and demand. However, this recovery could be somewhat limited should the current trend of late... Read More
Confusion over a new Government-backed insurance scheme could leave many commercial property owners “paddling their own canoe”, one the country's leading agents has warned. Prop-Search surveyor Samantha Jones With a 14-year agreement between the... Read More
London mayor’s intervention threatens redevelopment plans Boris Johnson has thrown the South Bank Centre redevelopment scheme into disarray by declaring his support for the preservation of the skate park situated in the building’s undercroft. The... Read More
The Government has launched an £8m challenge to help it find hi-tech answers to Britain’s ailing high streets. The initiative — unveiled by Science and Universities Minister David Willetts — will award funds to businesses trialling innovative... Read More
The US commercial real estate market ended last year strongly, with continued recovery noted in the fourth quarter according to CBRE. The office vacancy rate declined by a total of 30 basis points to hit 14.8 per cent in Q4. This was the most distinct... Read More
The majority of London businesses could save as much as 24 per cent on rent, claims a leading commercial property agent. DeVono says many businesses end up overpaying because they don’t know where savings could be made. Adam Landau, a director at... Read More
Scotland enjoyed a sixth consecutive quarter of growth in the third quarter of last year, it has been reported. Official estimates show economic growth of 0.7 per cent north of the border, with GDP increasing by 2.1 per cent on a year on year... Read More
Sainsbury’s now owns and operates more Local convenience stores than traditional supermarkets for the first time in its history. The brand this week opened its 594th convenience store in Balsall Common, Coventry, and is continuing to set a rapid pace... Read More
It has been announced this week that a 27 storey tower is to be built alongside London landmark the Shard. The 160,000 sq ft building will contain 150 residential apartments along with an unspecified amount of retail space. The latest stage in the... Read More
