
Britain has lost 6,000 storefronts in five years amid Covid and cost-of-living pressures and “crippling” business rates, according to figures.
The overall vacancy rate increased to 13.9% across Britain in the second quarter of this year, a 0.1 percentage point drop on the first quarter but 0.1 points up on the same period last year, according to the British Retail Consortium (BRC) Local Data Company (LDC) Vacancy Monitor.