Oxford Street has begun to bounce back, with the proportion of vacant shops down by 40% and almost a fifth of its troublesome candy and souvenir shops now closed.
The revival of the central London shopping street has been spurred by a mix of factors, including the full reopening of Tottenham Court Road station at its eastern end and last May’s official launch of the Elizabeth line, which stops there, a bounce back in tourist visitors, from the UK and elsewhere, and a concerted effort by Westminster council to take action against American candy stores.