This could easily blow out into a much bigger issue – capitalism versus state socialism but for now, let’s focus on the High Street. It’s not as if it’s not been looked at:
1. Squeezed incomes
2. The shift to online shopping
3. Changing tastes
4. Rising overheads
5. Too many shops
6. Too much debt
What brought this on for me was observing our own approach road to the town, after which is the shopping precinct itself, each having its own issues.
The approach road has shops either boarded up or shuttered down, interspersed with some shops still valiantly trading and perhaps the Beeb should have added [above] that seventh factor – over-zealous and greedy councils.
There are double yellow lines all the way in here and you dare park there at your peril. A local chippy just folded and there are two reasons people state – the food just wasn’t that good, plus the parking issue.
But it’s the rental the council charges, along with reduced to almost non-existent waste collection which is the killer, let alone the HMRC tax regime on small business.
Plus all the other factors.