News

One in seven British shops now lie empty – with North West among worst hit regions

The vacancy rate at high streets, retail parks and shopping centres has risen in the UK.

The Manc The Manc - 30th July 2021

One in seven shops now lie empty on British high streets, retail parks and shopping centres, according to newly-released figures.

In a report published today by the British Retail Consortium (BRC) and Local Data Company, vacancies in high streets, retail parks and shopping centres across the country have risen to 14.5% in the second quarter – up from 14.1% in the first quarter.

Data also shows a continual series of increases over three years.

Figures also showed the worst-affected region was the North East – followed by Wales and the North West.

The North West is among the hardest-hit regions, according to new figures / Credit: Visit Manchester

Helen Dickinson, Chief Executive of the British Retail Consortium (BRC), said the data came as “no surprise” given the rolling lockdowns of the past year.

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She also warned there may be worse to come with the ‘business rates holiday’ reaching an end.

Brick-and-mortar retail outlets have also suffered due to an increase in online competition – and footfall numbers remain lower than many high streets and shopping centres had hoped for.

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A number of well-known high street brands have closed as a result of the pandemic – including the likes of Debenhams and Topshop.

Featured Image – Workman | Geograph