The number of empty shops on UK high streets has risen to its highest level in six years as city centres, and especially London, suffer from a dive in visitor numbers.
Read the full article on The Guardian website
NAM Implications:
- The unintended consequences of home-working.
- Essentially, a combination of social distancing, tech-enabled remote working, reduction in cost and time-consumption of a 1hr+ commute…
- …has resulted in the evolution of a super-savvy consumer unwilling to forgo the appeal of an improved work/life balance.
- Add employers’ discovery that the amount and cost of commercial office space can be significantly reduced by home-working…
- …resulting in the liberation of a genie from a bottle that cannot be 100% reversed by government intervention.
- Empty shops represent the least of it…
