586 UK retail chains went into administration during the Conservatives' 14-year rule, impacting 460,038 jobs and 29,959 stores.

586 UK retail chains have gone into administration during the Conservatives' 14-year rule, affecting 29,959 stores and 460,038 jobs. Critics argue that the government's £1.5bn Long-Term Plan for Towns and £4.3bn business rates support package are insufficient. The article suggests that incentives like pop-up leases, subdivided units, and lower rent prices could help attract independent shops and revive the high street, offering diverse products and experiences.

March 23, 2024
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