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Shoppers set to spend as consumer confidence grows

Shoppers set to spend as consumer confidence grows
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GBP/EUR Forecast: Pound to Euro Exchange Rate Steady on Back of UK Retail Sales

GBP/EUR Forecast: Pound to Euro Exchange Rate Steady on Back of UK Retail Sales
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Pandemic impact yet to be felt on high streets

Pandemic impact yet to be felt on high streets © Getty Images The coronavirus pandemic has thrown Britain s high streets into crisis, yet the full force of its impact has yet to be felt, according to accountants PwC. More than 17,500 chain stores and other venues closed in Great Britain last year, according to new data. That s an average rate of 48 closures a day. But the figures, which include hospitality and leisure venues, but not independent retailers, suggest the trend began before the pandemic. The research was conducted by the Local Data Company which tracks vacancy rates in nearly 3,500 high streets, shopping centres and retail parks.

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