Greater London

Store Vacancies fall to 13.8% in Q4

The overall vacancy rate improved to 13.8% in the fourth quarter of 2022, which was 0.1 percentage points better than…

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Footfall improves throughout 2022 but remains 14% behind 2019

UK footfall improved throughout 2022, but there still remains a “significant” 14.2% gap to pre-pandemic 2019 levels, according to Springboard’s…

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John Lewis confirms £500m rental home venture

The John Lewis Partnership has agreed a £500m joint venture with global investment company abrdn to deliver around 1,000 new…

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Footfall increases marginally as city centre workers return to office

Footfall across UK retail destinations rose marginally by +0.8% last week from the week before as performance was boosted by…

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M&S rejects complaints for Oxford Street redevelopment

Marks and Spencer (M&S) has reportedly addressed complaints surrounding its Oxford Street redevelopment plans by pledging that 95% of the…

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Footfall declines in July as north-south divide grows

Footfall weakened in July to -14.2% below 2019 from -12.3% in June 2022 with the month’s performance also highlighting the…

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Retail accounts for 10% of UK administrations in 2022, study finds

The retail sector accounted for 10% of administrations in the first six months of the year – the third highest…

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1 in 3 SMEs struggle with cost of staffing, NatWest report reveals

New research conducted by NatWest Rapid Cash has revealed that 34% of SMEs are struggling with the cost of staffing,…

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John Lewis announces proposed locations for rental homes

The John Lewis Partnership has announced its first three locations where it proposes to build new rental homes.  The three…

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Footfall rises by 7.8% as weather improves

The second anniversary of the start of the first lockdown in 2020 delivered positive results, with a rise in footfall…

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