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Michael Murray on Oxford St: expensive rents and business rates are driving retailers away

Michael Murray on Oxford St: expensive rents and business rates are driving retailers away
retailgazette.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from retailgazette.co.uk Daily Mail and Mail on Sunday newspapers.

United kingdomCity ofBrian duffyMichael murrayFrasers groupData companyWestminster city councilHouse of fraserEnd companyWest endRetail gazetteLocal data companyRetail weekOxford streetNew west end company

UK retail industry has lost 6,000 retailers in the past five years

The UK retail industry has been battling with the closure of 6,000 retailers over the past five years due to burdensome business rates and the COVID-19 pandemic.

Greater londonUnited kingdom generalUnited kingdomCity ofHelen dickinsonLucy staintonShopping centerData companyBritish retail consortiumSouth eastNorth eastCommercial directorLocal data company

Britain loses 6,000 storefronts in five years

The highest vacancy rates were in the North East and the Midlands, followed by Wales and Scotland, according to the BRC-LDC Vacancy Monitor.

City ofUnited kingdomGreater londonUnited kingdom generalLucy staintonHelen dickinsonBritish retail consortiumData companyLocal data companySouth eastNorth east

Britain sees 6,000 shops shut in five years

Crippling business rates and the fallout from Covid lockdowns were driving forces behind the closures, Helen Dickinson, chief executive of the BRC, said.

United kingdomCity ofGreater londonUnited kingdom generalHelen dickinsonLucy staintonBritish retail consortiumM coData companyBritish retail consortium closuresBritish retailLocal data company

Increase in Scotland s empty shop units prompts tax plea

Increase in Scotland s empty shop units prompts tax plea
heraldscotland.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from heraldscotland.com Daily Mail and Mail on Sunday newspapers.

United kingdomGlasgow cityLe chardonLucy staintonDavid lonsdaleData companyMarks spencerSt enoch centreLocal data companyFinance secretaryScottish budgetBrian mauleWest regent street