Monthly Archives: May 2016



Brexit Could Push UK back into Recession Warns Alistair Darling

How would the commercial property sector be affected by Brexit
Posted on 19 May, 2016 by Chris Grigorovsky under Business News, Economy

Former Labour Chancellor, Alistair Darling, has said that if the UK were to leave the EU, it would have a negative impact on the economy and be “disastrous” for living standards of working people. At a dinner of the CBI, Mr Darling said in a... Read More

Are Shop Amalgamations the Saviour of Retail?

Are shop amalgamations the saviour of retail
Posted on 18 May, 2016 by Chris Grigorovsky under Business News, Economy

The retail sector has experienced its share of fall backs over the past month. One of the most prominent establishments on the UK high street, BHS, received a major blow after it entered into administration at the end of April. This was then followed by... Read More

West Midlands One of Biggest Sufferers of Empty Shops

Vast increase of short term outlet vacancy rates in UK
Posted on by Chris Grigorovsky under Business News, Economy

New figures from the Local Data Company (LDC) have found that the West Midlands is still one of the worst affected regions in England for empty shops. The region currently has three towns in the top 10 list of areas with the highest percentage of... Read More

Over 800 HSBC Jobs Cut as Birmingham Move Gets Ever Closer

HSBC launches £10 billion lending fund
Posted on 17 May, 2016 by Chris Grigorovsky under Business News, Economy

With HSBC set to make Birmingham the home of its UK retail services, it has since begun laying off 840 of its IT staff. The first phase of restructuring, which aims to cut 8,000 jobs in the UK by the end of 2017, will see Sheffield suffer the most,... Read More

Is Cambridge the Right Place for your Business?

Is cambridge the right place for your business?
Posted on 16 May, 2016 by Chris Grigorovsky under Business News, Economy

Summer is upon us. A wondrous time where, for five minutes a year, Britons everywhere are exposed to that yellow warm ball in the sky. The mood of the nation is lifted, which is the perfect time to be productive and make a change. For businesses looking to... Read More

North West Experiences Successful Office Take-Up in Q1 2016

North west experiences successful office take-up in Q1 2016
Posted on by Chris Grigorovsky under Commercial Sales and Lets, Industry News

The North West office market has seen a stellar start to the year, with Liverpool and Manchester experiencing strong levels of take-up in Q1, according to a report from Bilfinger GVA. It was found that Liverpool’s office take-up surpassed 90,000 sq... Read More

Rural Areas Suffered Most from Bank Branch Closures

Rural Areas Suffered Most from Bank Branch Closures
Posted on 13 May, 2016 by Chris Grigorovsky under Business News, Economy

Figures found by the BBC have revealed that over 600 bank branches across Britain in the past year have seen closures, with rural areas being the most affected. It was found that parts of Scotland, Wales and South West England, between April 2015 and... Read More

BHS a Victim of Delayed Business Rates Revaluation says Colliers

Judgement day awaits BHS today
Posted on 12 May, 2016 by Chris Grigorovsky under Business News, Economy

Struggling high street retailer BHS was on the cusp of receiving millions of pounds of business rates cuts, which would have resulted in a saving of over £15m if the revaluation went ahead in 2015, according to Colliers International. Currently,... Read More

Is the South East Office Market Looking Strong in 2016?

Is the South East office market looking strong in 2016
Posted on 11 May, 2016 by Chris Grigorovsky under Economy, Industry News

The first quarter of 2016 was a great one for the South East office market, which saw its total take-up increase by 30%, according to Knight Frank’s latest M25 offices report. It was found that 973,000 sq ft of space was let during this period, 10%... Read More

Over Third of SMEs Unsure of Interest Rates their Business Receives

Over third of SMEs unsure of interest rates their business recieves
Posted on 10 May, 2016 by Chris Grigorovsky under Business News

A new study from Aldermore has found that 34% of small and medium-sized enterprises are unaware of what interest rate their business is receiving in surplus funds. The survey, which more than 1,000 British SMEs took part in, found that 55% aren’t... Read More