Central London footfall may still be well down on pre-Covid levels, but an uptick is expected this summer with a new study suggesting consumers are keen to get back to the UK’s premier shopping district.
There has been widespread condemnation of the UK government’s interim review of business rates with disappointed retail bosses saying the report offers nothing new, especially on the introduction of an online sales tax.
Chancellor Rishi Sunak has unveiled what has been touted as the most important budget statement in decades. And there's plenty in the latest announcement that directly impacts the fashion and retail sectors.
The UK’s retail sales fall was worse than expected last month, official figures showed on Friday. And the Office for National Statistics called out clothing stores as the key sector that saw “strong declines”.