Monthly Archives: April 2014



Starbucks to establish European Headquarters in UK

Posted on 17 April, 2014 by Kirsten Kennedy under Business News

UK corporations were shaken last year when a series of reports detailed the lengths some businesses operating within the country were going to in order to avoid paying  tax. One of the most highly criticized was coffee chain Starbucks which, despite a... Read More

Tesco Annual Profits fall by Six Per Cent

Posted on by Kirsten Kennedy under Business News

Amidst the rise of the discounters in the supermarket sector, the established ‘Big Four’ have seen their profits fall as more and more consumers choose to conserve cash by shopping elsewhere. This has taken an especially strong toll on traditional market... Read More

Victoria’s Secret Fashion Show to Hit London for First Time

Posted on by Kirsten Kennedy under Business News

Earls Court date coincides with shop acquisition plans In the world of fashion, few events attract international interest quite like the annual Victoria’s Secret Fashion Show. Now, London is set to cash in on a piece of the action as the US brand has... Read More

Westminster Councillors approve plans for Selfridges Overhaul

Posted on 16 April, 2014 by Kirsten Kennedy under Business News, Commercial Developments

Iconic British brands play a huge part in the country’s economy, with both domestic customers and visitors from overseas attracted to the established prestige of stores such as Fortnum and Mason, Harrods and Selfridges. The latter has particularly enjoyed... Read More

Fashion Sales boost Retail Performance in March

Posted on by Kirsten Kennedy under Business News

In the retail industry, the trend of late has seen consumers purchase items for the home and DIY materials rather than clothing in a bid to save money whilst still capitalising on promotions brought about by the Government’s Help to Buy campaign for first... Read More

Property Developer settles Leeds Council Debt to avert Bankruptcy

Posted on by Cliff Goodwin under Industry News

A bankruptcy order against property developer Jan Fletcher has been officially dropped after a last minute agreement with Leeds City Council. The former boss of Montpelier Estates Ltd (MEL) had refused to pay £2m in court costs awarded against her company... Read More

Expansion Plans Revealed for Inverness Shopping Centre

Posted on by Kirsten Kennedy under Commercial Developments

Eastgate Shopping Centre, in the heart of Inverness, has made the decision to further improve facilities by adding a new level to the complex, which will house an eight screen cinema along with several restaurants, it has been announced. At present,... Read More

Growth in UK Commercial Property Values continues in March

Posted on 15 April, 2014 by Neil Bird under Industry News

UK commercial property values continued to grow during March according to the latest data. The IPD Monthly Property Index reveals that the steady growth seen earlier in the year was followed by a further rise of 1 per cent. This was the tenth month of... Read More

Debenhams Profits fall by 25 Per Cent

Posted on by Kirsten Kennedy under Business News

As cheaper imported and domestic brands become ever more popular, many staples of the British retail scene are finding it difficult to boost sales and raise profits on the high street. This has been especially true of both Marks and Spencer and Debenhams,... Read More

Historic Coronation Street Studio to become Creative Media Hub

Posted on by Cliff Goodwin under Commercial Developments

Part of Manchester’s landmark Granada TV site — until 2013 the oldest operating purpose-built television studios in the United Kingdom — is to be turned into a new creative media hub. To be called Hello House, developer Allied London says the... Read More