London’s West End has seen a gradual recovery in footfall since the government began relaxing its Covid-19 guidance, but new measures bring more uncertainty to the area, commercial landlord Shaftesbury has warned.
Two big names are making strides in what were once ‘alternative’ approaches to retail. Selfridges and John Lewis have entered product rental while the former has also unveiled an even bigger focus on sustainability.
The UK government’s latest decision to postpone its business rates revaluation once more has been criticised by property specialists who have repeated their calls for fundamental reform of the system of property taxes.
The New West End Company is calling on the UK government to introduce tax-free shopping for European tourists post-Brexit as what should be Britain’s busiest shopping area continues to see a mere trickle of visitors.