Tag: Empty Shops



High Street Fund Remains Unspent

Posted on 19 March, 2013 by MOVEHUT under Industry News

Money intended to reduce number of empty shops sits in council bank accounts A £10m government fund set up over a year ago to help bring vacant shops back into use has hardly been used.  The High Street Innovation Fund was part of the government's answer... Read More

Doubts Emerge Over Success of Portas Review Initiatives

Posted on 11 March, 2013 by Kirsten Kennedy under Economy

In response to the news that Britain’s high streets are struggling to cope with the increasing popularity of online shopping, the Government enlisted “retail tzar” Mary Portas for advice. Alongside a grant worth £1.1 million which was split among 12... Read More

Drop in Demand for Retail Space Causes Further Pain for High Street

Posted on 1 February, 2013 by Kirsten Kennedy under Industry News

In times gone by, the high street played a central role in the employment and social opportunities for the majority of British people. Teenagers spent most of their free time and money wandering in and out of shops, while for many people the first stop for a... Read More

HMV Administration is More Bad News for the High Street

Posted on 16 January, 2013 by Kirsten Kennedy under Business News

Last year was, to put it mildly, rather difficult for retailers on the high street, with popular chains such as GAME, Clinton Cards and JJB Sports all entering administration as a result of reduced consumer spending. Unfortunately, it seems that 2013 may not... Read More

High Street Vacancy Rate More Than One in Ten

Posted on 21 November, 2012 by Neil Bird under Economy

The national high street vacancy rate has hit record levels according to a survey by the British Retail Consortium (BRC). The figures reveal that 11.3 per cent of shops currently stand empty. Put another way this amounts to more than one in ten, and the BRC... Read More