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Home | Financial News

Financial News

Author: Jonathan Price
Jonathan Price
Finance Editor

Officing Today would like to Welcome Jonathan Price as its new Finance Editor. In this Section, Jonathan will regularly comment on the Financial happenings that impact all levels of the Business Center Industry. We look forward to his comments and his timely advice.


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UK Industry Status Update

Conditions for OBCs in the UK could be described as challenging. Occupancy has remained at levels that would in normal markets ensure profitability, but unfortunately
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The Serviced Office Market Might be Recovering

A recent UK report states that office rents in the City of London have increased by almost 12 per cent over the last three months. ...
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Business Centers Beware - Business Bankruptcies are on the Rise

Businesses have been declaring bankruptcy at an alarming rate over the past several years.  According to the American Bankruptcy Institute (ABI), the largest multi-disciplinary, non-partisan ...
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Good Financial News for Everyone

In a survey conducted by the Business Roundtable, CEOs indicated that they expect to boost their payrolls in the second half of 2010 as part ...
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Another Regus Contract Win

In a difficult UK markets where occupancy remains in the mid 80s per cent but rates have dropped 25 per cent from the peak, Regus ...
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Regus Stock Falls

Regus shares are reported to have dropped a heavy 17% from 18.9p to 94p. The serviced office company recognized at its annual meeting that market ...
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Serviced Office Group Announces Major Improvements in 2009 Results

Business centre company Serviced Office Group plc (SOG) recently announced a drastic improvement in 2009 compared to 2008. The company's total revenues for the year ...
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UK's 2010 Budget Features Exemption for Small Businesses

"...the business centre industry will no doubt welcome the initiative to exempt small businesses from paying business rates...on all all premises with an annual rental of less than £6,000."...
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Your Space Ltd Put into Administration

Crain’s Manchester Business reports that serviced office provider Your Space Ltd has been put into administration after a creditors’ voluntary arrangement (CVA) failed. Last fall, ...
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Property Week Publishes First Quarter Serviced Office Review

Property Week has published an advance report on the exclusive preview to the first quarter issue of officebroker.com's Serviced Office Review Series. In a report ...
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Featured author
Susan Smith image Susan Smith is Executive Director of The ALLIANCE Academy and a 15-year veteran of the Office Business Center industry. Throughout her career, she has managed, mentored, and trained team members to succeed. Susan has served as Director of Training & Development for two of the largest business center operators in the U.S. She can be reached at ssmith@theallianceacademy.com.