Monthly Archives: June 2014



Costa and Premier Inn continue to drive Whitbread Sales

Posted on 18 June, 2014 by Kirsten Kennedy under Business News

300 new coffee shops and 43 hotels coming soon As the economic recovery intensifies going in to summer, many within the retail, leisure and hospitality sectors are experiencing the benefits of an upturn in consumer confidence first hand. One of the... Read More

Government rejects call to scrap Business Rates

Posted on by Kirsten Kennedy under Business News

Despite the current business rates system being declared “unfit for purpose” the Government has decided to reject the latest calls for reform by MPs on the Business Select Committee. The body had recommended that the Government scrap the unpopular... Read More

Chester Shopping Centre Renovation attracts new Tenants

Posted on by Kirsten Kennedy under Business News

As shopping centres throughout the country continue to sign up for renovations designed to attract new retailer tenants, one Chester complex has already found its initiative to be a success before work has even begun. Both TK Maxx and Sports Direct have... Read More

Business Investment to hit Pre-Recession Level this Year

Posted on by Kirsten Kennedy under Business News, Economy

With business confidence across all UK industries skyrocketing, an increasing number of firms are channelling capital into growth and there are as yet no signs of this slowing in the near future. In fact, accountancy body The ICAEW is now predicting that... Read More

Wolverhampton Mander Centre plans recommended for approval

Posted on 17 June, 2014 by Kirsten Kennedy under Top Properties

Plans for the redevelopment of Wolverhampton’s Mander Centre have been recommended for approval. Should the £30 million project go ahead, it will see a large portion of the centre which was previously occupied by TJ Hughes demolished. In its place, a... Read More

Mulberry Profits drop following Price Hike

Posted on by Kirsten Kennedy under Business News

As consumer confidence continues to improve, luxury retailers have seen a distinct upturn in sales, with seasonal events such as Christmas and Easter coinciding with a far greater consumer spend than has been seen in several years. However, not all have... Read More

Warning over shake-up of Property Accounting Rules

Posted on by Cliff Goodwin under Business News, Industry News

Businesses which hold property portfolios could have their company credit rating downgraded under a New Year accounting shake-up, two experts have warned. Under revised accounting rules — which come into effect on 1 January, 2015 — companies with... Read More

Scottish Commercial Property Market in “win-win” Situation Whatever the Outcome of Referendum

Posted on by Kirsten Kennedy under Industry News

The upcoming Scottish independence referendum has created waves throughout the business world, with the majority of polls showing that most businesses would be against Scotland voting Yes in September. In turn, this has created a great deal of uncertainty... Read More

Siemens Plans would transform Didsbury Site

Posted on by Cliff Goodwin under Commercial Developments

The German engineering giant Siemens has unveiled updated plans for its 20-acre Manchester headquarters site — adding a private hospital, three office blocks and almost a hundred homes to its original scheme. Siemens drew up plans three years ago... Read More

Chinese Investor in talks over Canary Wharf Tower

Posted on 16 June, 2014 by Jodee Redmond under Commercial Sales and Lets

A state-owned Chinese insurance company is involved in discussions to buy the headquarters of the Clifford Chance law firm. This development is further evidence that London's commercial property market is firing on all cylinders. Funds controlled by... Read More