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The Guardian - UK
The Guardian - UK
Business
Sarah Butler

As much as £5bn needed to revive UK’s struggling high streets, study finds

Empty shops and offices in Brighton, England.
Empty shops and offices in Brighton, seen as a relatively successful city centre. More affluent areas can shift towards dining and drinking. Photograph: Anthony Harvey/REX/Shutterstock

As much as £5bn is needed to revive ailing UK town and city centres, with areas including Bradford in Yorkshire, Newport in south Wales, and Blackpool in Lancashire having double the proportion of empty shops as London, a study has found.

A report from the Centre for Cities thinktank showed that the health of high streets across the country has varied significantly, and called for authorities to focus on developing homes and high-paying jobs in central locations to increase local spending power.

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