Tag: high street



Business Rates to be capped in Autumn Statement

Posted on 4 December, 2013 by Kirsten Kennedy under Business News, Industry News

In recent months, the campaign to freeze business rates, or overhaul the system entirely, has been stepped up by retail and property bodies as Chancellor George Osborne prepares to release the details of his Autumn Statement. However, the BBC has... Read More

Empty Property provides Golden Age for the Arts

Posted on 3 December, 2013 by Cliff Goodwin under Industry News

They are moving into empty shops and supermarkets and vacant offices across the country to breathe life into run down streets and drab developments. And, while artists and designers across the UK are finding new places to work and exhibit, landlords have... Read More

Think Tank claims Charity Shops boost High Streets

Posted on 2 December, 2013 by Kirsten Kennedy under Business News, Economy

Since 2008, the number of charity shops on the nation’s high streets has swelled by 30 per cent, with more than 10,000 retail properties now dedicated to fundraising for organisations such as Cancer Research UK, the British Heart Foundation and Oxfam.... Read More

Edinburgh Woollen Mill announces significant Store Expansion Plan

Posted on 27 November, 2013 by Kirsten Kennedy under Business News

During the recession, a wealth of brands entering administration provided investment opportunities for existing retail groups willing to take a risk, with several seeing their decisions pay off now as consumer confidence rises. This has been the case for the... Read More

Ballymena Has Highest Shops Vacancy Rate in NI

Posted on by Jodee Redmond under Business News

Ballymena has the highest proportion of empty shops in Northern Ireland, according to a new report. The town's vacancy rate has jumped from 17 per cent to 27 per cent over the past 12 months. The figures have been disputed by the head of the local... Read More

Scottish Retailers Lose Business Rates Battle

Posted on 26 November, 2013 by Cliff Goodwin under Industry News

Retailers — who claimed that business rates should be reduced in line with falling rental values — have lost a three-year fight to change Scottish valuation law. Sauchiehall Street, Glasgow The national and local businesses, who each lodged... Read More

Footfall Monitor records Concerning Drop in October

Posted on by Kirsten Kennedy under Business News

While retailers are eagerly anticipating the Christmas rush and the boom in profits it generally leads to, spirits have been somewhat dampened by recent news on the high street. After a massively successful summer season, it appears that the change in weather... Read More

Bars and Cafes Vital to High Street Survival

Posted on 22 November, 2013 by Cliff Goodwin under Business News

Getting the right mix of retail and leisure outlets is essential to maintaining high street blood flow, a new survey claims. A majority of people prefer going to a restaurant or coffee shop in town rather than a shopping mall or out-of-town retail... Read More

Tie Rack announces Closure of UK High Street Stores

Posted on 20 November, 2013 by Kirsten Kennedy under Business News

Tie Rack has become the latest retailer to announce the cessation of high street trading. The chain has now launched a closing down sale in order to shift stock before closing its 44 UK stores, with all trade in town and city centres due to finish by the end... Read More

Plans for Middlesbrough Retail Development met with Mixed Feelings

Posted on 17 November, 2013 by Kirsten Kennedy under Commercial Developments

Locals have mixed feelings about a £55 million commercial development proposal in Middlesbrough. The proposal involves the construction of a £35 million retail and leisure scheme in the Middlehaven area of the town, as well as the £20 million... Read More