It has been a tough couple of years for high street retail. Even before the COVID pandemic, retail in the UK was trending downward. From 2012 to 2017, high street retail shed thousands of jobs. Other than in London, the rest of the UK saw…
Vacant high street shops has been a problem in the UK for the past 10-15 years. However, things are getting worse. High streets have suffered and shops have closed mainly as a result of more people using the internet and buying goods online. Retailers have…
The costs of living crisis in the UK, which is getting worse day by day, will trigger a consumer spending slowdown and lead to aggressive interest rate hikes. The impact of this will be felt the hardest on high street shops which in turn will…