Tag Archives: high streets

7 March 2019 – yesterday’s press releases (part 2)

And now, as promised, the rest of the press releases…

  • Figures highlight extremely difficult time for high streets
  • Swinson: Employers must be held to account over gender pay gap
  • Chancellor must end the freeze on benefits and tax credits
  • Davey: Strip Home Office of immigration powers

Figures highlight extremely difficult time for high streets

Responding as the BDO High Streets Tracker reveals that sales declined by 3.7%, the worst February for lifestyle in-store sales since November 2008, Leader of the Liberal Democrats Vince Cable said:

Our high streets are clearly going through an extremely difficult time, thanks to a combination of long-term structural challenges and the damaging

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21 February 2019 – yesterday’s press releases

Apologies to all for last night’s failure to file. It didn’t mean that there weren’t any, more that I was engaged in a bout of constitution wrangling and lost track of time. So, without further ado…

Cable: Govt must level the playing field between the high street and online

Responding to the report by the Housing, Communities and Local Government Committee calling on the Government to consider the options of an online sales tax and reforms to business rates, Leader of the Liberal Democrats Vince Cable said:

While our high streets are going through an extremely difficult time, with the right action from

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Towards a level playing field between the high street and online

I welcome the report by the Housing, Communities and Local Government Committee, High Streets and Town Centres in 2030, which calls on the Government to consider the options of an online sales tax and reforms to business rates.

It states:

We believe that high streets and town centres can survive, and thrive, by 2030 if they adapt. Our vision is for activity-based community gathering places where retail is a smaller part of a wider range of uses and activities and where green space, leisure, arts and culture and health and social care services combine with housing to create a space based on social and community interactions.

I spoke at a local business breakfast in Barnstaple recently. I was asked, “How can we revive the high street with online retailers undercutting our businesses?”  and “How can we make it fairer for high street businesses?” Local business owners wanted to know more about our policy to reform business rates – I told them about our proposal to abolish business rates and replace them with a Commercial Landowner Levy. But that wasn’t enough for them – they wanted to know about online sales tax and how we could level the playing field.

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The decline of the high street: a liberal solution

The death of the great British high street is an event rarely out of the popular press, and it has been so for a decade.

Mary Portas was appointed in a hail of publicity by David Cameron to find ways to save the high street as far back as 2011, nothing came of that and the problem has become much worse since the increase in business rates introduced last year, the creation of the national living wage and the dent to consumer sentiment caused by the UK’s vote to leave the European Union.

Now I quite like the national living wage announced …

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Jessops – is administration a euphemism for obliteration?

Sadly, yesterday another retailer went into administration, this time Jessops, the high street camera chain. For the time being it continues to trade but the jobs of its 2000 employees in 200 stores are under threat. Surprisingly, Christmas can be a bad time for retailers – rents are due on Christmas Day and if the expected bumper sales don’t materialise, the money may not be there to pay them.

Obviously it’s not going to get any easier for ‘bricks and mortar’ store chains with the continuing increase in online sales, but there’s a more fundamental problem – apart from the massive …

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