Asia eyes London commercial property as home cities overheat

Investors are targeting London’s commercial property in order to take advantage of favourable exchange rates and avoid increasingly expensive home markets. According to figures from Savills, buyers from Asia had deployed £4.5bn of money into central London’s office...

Co-op to open 100 stores

The Co-operative Group is planning to open 100 new shops with an investment of £70m. The new convenience stores will be throughout the UK, including London, the South East, Yorkshire and Scotland. Five Co-op stores will be opened in the capital before the end of...

Scottish residential to remain slow in 2017

Rettie and Co has predicted that Scotland’s residential market will remain subdued in 2017. Last year saw Brexit uncertainty, the introduction of land and buildings transaction tax and tenancy reform put the brakes on a market in which the number of owner-occupiers...

Business rates for thousands of firms to rocket

London’s businesses will be forced to hand over an extra £4 billion in tax over the next five years in an unprecedented raid on the capital’s “cash cow” economy. The impact will start to be felt next April, when business rate bills for thousands of companies across...