The number of empty shops in Britain hit its highest rate in four years in July,...
FILE PHOTO: Bare shelves are seen inside a closed down retail unit in Stockport, near Manchester, Britain June 11, 2018. REUTERS/Phil Noble
The survey from researcher Springboard found the national town center vacancy rate was 10.3% in July, up from 10.2% in the previous quarter and the highest since January 2015. “The ongoing challenges faced by bricks and mortar destinations is reflected in the rising vacancy rate, which has increased in every quarter since January 2018,” said Diane Wehrle, Springboard’s marketing and insights director.
“If the government wishes to avoid seeing more empty shops in our town centers then they must act to relieve some of the pressure bearing down on the high street,” she said.
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