Article 3T8YQ High streets must stop relying on retail, says expert review

High streets must stop relying on retail, says expert review

by
Zoe Wood
from Economics | The Guardian on (#3T8YQ)

Report predicts number of empty shops could rise to 100,000 within a decade

The crisis on UK high streets could leave 100,000 shops empty within a decade, according to an independent review that argues struggling retailers should no longer be relied upon to prop up ailing town centres.

The Grimsey Review 2 makes a series of recommendations including an overhaul of the business rates system and a ban on out-of-town developments. It predicts nearly 70,000 high street jobs will disappear this year.

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