Westminster
This coverage examines the retail environment and commercial developments in Westminster, highlighting store openings, closures, local economic influences, planning decisions, and regeneration projects that impact the area. Reporting is tailored for retail professionals overseeing operations, property, and strategy in one of London’s most prominent retail and business districts.
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Dec- 2018 -5 DecemberAnalysis
Why are retail spaces shrinking across England and Wales?
Across the UK, retailers are struggling to survive. This is down to several factors: years of austerity and low wage growth has meant that households have less spending power, the cost of imported goods has risen – as has the national minimum wage – and the trend of “bricks to…
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Oct- 2018 -29 OctoberHigh Street
Oxford Street Strategy approved for public consultation
Westminster City Council’s Cabinet has has approved a new draft Oxford Street District Strategy to be taken forward for public consultation in November. The Council’s fresh Place Strategy and Delivery Plan has identified 96 projects across 87 streets and spaces in nine zones, including proposals for major improvements at Oxford…
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Jul- 2018 -11 JulyGovernment
Alternative Oxford Street ‘transformation’ announced
Westminster City Council has announced plans to “transform” – though not necessarily fully pedestrianise – Oxford Street after scrapping the Mayor of London’s plans for the area. The council will have to foot the £727,000 bill for the new development as TfL withdrew its support when the council blocked the…
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Jun- 2018 -13 JuneHigh Street
Almost 133,000 business rates appeals from 2010 still remain unresolved
More than 133,000 businesses are still waiting for an appeal of their business rates valuation from 2010 to be resolved, council leaders have revealed. The Local Government Association (LGA) said councils have been forced to divert £2.5bn away from stretched local services over the past five years to cover the…
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8 JuneGovernment
Londoners “betrayed” as plans to pedestrianise Oxford Street scrapped
The mayor of London has described the shelving of plans to pedestrianise Oxford Street as a “betrayal of millions of Londoners”. On Thursday 8 June, Westminster City Council decided to shelve the idea to turn the shopping district into a traffic-free zone and take it off the table “for good”.…
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Mar- 2018 -13 MarchGovernment
Oxford street pedestrianisation edges closer amid widespread support
Plans to transform London’s Oxford Street into a pedestrian-only zone has received widespread support, according to a consultation report. Transport for London (TfL) and Westminster City Council said that of the 22,000 responses 48% were completely happy for the plans to go ahead and another 16% were happy despite having…
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