The Hotel team of Colliers International has now launched its inaugural UK Hotels Market Index, which has analysed 36 locations across the UK in order to find out the ‘hot spots’ for development and acquisition. Hotel in Cardiff Bay There are nine KPIs being used in the report, including land value, construction costs and occupancy... Read More
In a recent report by the Confederation of British Industry (CBI), it predicts significant growth in overseas government procurement, which small businesses in the UK could benefit from. The research foresees the value of overseas government procurement in 12 emerging markets including China, Indonesia and Turkey to be worth £452bn... Read More
The world is populating at a rapid pace, with predictions of 9.6 billion people by 2050. That amount is hard to fathom and with the number of resources in demand, weighed against the supply, it will cause some headaches. However, there may be a cost effective and environmentally friendly solution to this potential issue. What if you could... Read More
In a recent report by Boost Capital, it confirmed that a number of SMBs being approved by the Government’s Enterprise Finance Guarantee (EFG) scheme, has decreased to its lowest figure ever. The scheme’s highest peak period, between April and June 2009, saw over 2,000 loans worth over £200m approved. The EFG scheme has since seen a... Read More
The Office for National Statistics (ONS) has reported UK inflation as unchanged in February at 0.3%. For two years now, annual inflation has been below the Bank of England's 2% target and last year it was at zero. Last month, the Bank said that this year it expects inflation to stay below 1%. Other ONS figures that were published... Read More
Gloucestershire based small businesses could benefit greatly from last week's Budget, says Bruton Knowles' Commercial Partner, Angus Taylor. Mr Taylor believes that the high concentration of SMEs and startups across the county suggest there could be more winners than losers. SMEs in the South West, he said, have been "thrown a bone"... Read More
The manufacturing sector saw activity fall in March, although production is expected to rebound over the next three months, according to CBI's Industrial Trends Survey. A survey of 471 manufacturers had found that output volumes over the three months to March fell at the fastest pace since September 2009. Out of 18 manufacturing... Read More
The budget has been deemed a success for the commercial property market and a 'perfect launchpad' to secure a bright future by Devon based commercial property specialists Charles Darrow. The firm claimed that the market has been dealt a significant boost thanks to the budget, with commercial property investors given a... Read More
Bruton Knowles dodged the budget bullet by acquiring a multi-let investment just hours before the Stamp Duty hike took effect, saving the client £20,000 in extra duty. The Language Business Park deal was signed off by Mark Slade from Bruton Knowles before the midnight deadline. He said: "We had to be on our toes to tie off all... Read More
With approximately 625,000 sq ft of office space being refurbished in Manchester over the next two years, the sector is currently thriving and continues to see healthy levels of take up, according to Savills. The firm has reported that over the last 10 years Grade B space has accounted for an average of 62% of Manchester's annual take... Read More
The end of 2016 is expected to see a severe shortage of Grade A industrial stock in the North West, according to a report from Savills. Despite the North West having the second largest development pipeline of any UK region, with 2.2 million sq ft of new space due across 11 schemes, the firm reports that it's still not enough to absorb... Read More
George Osborne has announced that from April 2017, business rates will be getting a substantial cut, which is set to benefit small businesses going forward. The current system sees 100% relief given only to businesses that occupy property such as a shop or office with value of £6,000 or less. Now, with the new changes, businesses that... Read More
A new 2016 Global Retail Destination Index launched today at MIPIM, has revealed London as top retail destination in Europe. Created by New West End Company and commissioned with Savills, the “Window to the world” report has ranked London’s West End against other main shopping destinations across the globe. Home to over 600... Read More
Ahead of the budget this Wednesday, a survey commissioned by accountancy firm Moore Stephens revealed that the majority of SMEs are in favour of a change to the tax system and introducing a flat rate of tax. It revealed that around 55% of SMEs are in favour of the change and clients of Moore Stephens said it would help simplify the... Read More
In the first quarter of 2016, Basingstoke has seen record office take up, which is the largest since the start of the recession, according to reports from agents Hollis Hockley. Between the period of 1 January - 31 March this year, the firm has reported four major office lettings totalling approximately 130,000 sq ft. Andrew Newman... Read More
A new study has revealed that nine out of ten employees fear their businesses will be under threat over the next five years due to new technology trends. The Beyond Digital report, launched by digital experience consultancy Infomentum, found that a staggering 91% of employees don't see their businesses staying competitive in the next... Read More
After a sharp fall in December, British industrial output saw a return to growth, helped along by an upturn in manufacturing, the Office for National Statistics reported. In the month of January, industrial output saw a weaker rise than expected, with 0.3% month-on-month in January, following a 1.1 percent drop in December. In a poll... Read More
In 2015, it was found that half of the Birmingham city centre office deals were through overseas investors, spending £335m in total. Two of the biggest deals of the year were the £131m acquisition of RBS's Brindleyplace headquarters and the £36.7m purchase of Deutsche Bank's home at One Brindleyplace. Both of which were executed by... Read More
New research has emerged, revealing that George Osborne's plans to hand councils control of business rates will make the system worse and not boost... Read More
From April 2016, the Government is introducing big changes to the way dividends are taxed, which may impact smaller businesses across the UK. At present, dividends are treated as ‘tax paid’ in the hands of shareholders. The government plans to abolish this system. As a replacement, dividend income will have a £5,000 tax-free... Read More
Commercial property investors, Praxis, has announced the completion of its £11m acquisition of 142,231 sq ft office building at Pride Park in Derby. Former home of internet bank, Egg, the prime headquarters office building was acquired from Helix Property Advisors off a 15% net initial yield and is now let to customer contact service... Read More
During 2015, growth in commercial property rents across London resulted in a total return of 18.1% from investments in the capital, according to the London Markets Analysis report by Levy Real Estate and MSCI. The report, which analysed over £30bn of assets across 20 key submarkets, showed an increased pace of rental growth... Read More
