Latest BRC-LDC vacancy monitor data
Budget nerves and stormy weather hit November footfall
Rumoured tax rises in the Budget and stormy weather held many shoppers back from hitting the shops last month.
The BRC - Local Data Company Vacancy Monitor is a quarterly monitor that tracks the vacancy rate changes to the UK retail landscapes (retail park, high street, shopping centre) as they evolve since Q1 2019.
Rumoured tax rises in the Budget and stormy weather held many shoppers back from hitting the shops last month.
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Retail footfall has fallen for its sixth month in a row, as consumer confidence âremains lowâ ahead of a Budget which could see tax rises, according to the British Retail Consortium (BRC).
Retail footfall in the UK has declined for a fourth consecutive month, after customers neglected to shop at retail parks and shopping centres.
UK retail footfall remained flat in June but a summer of events, warm weather and sports could give a boost to July.
Retail footfall in the UK has taken a âdisappointing turnâ during the beginning of summer despite a more promising start to the year.