The British Retail Consortium (BRC) is urging political parties to reform business rates and planning laws.
- UK footfall fell by 3.6% in May, with shopping centres seeing the most significant decline.
- High Street and retail parks also experienced decreased footfall, highlighting a nationwide trend.
- BRC CEO Helen Dickinson stresses the need for government action as the election nears.
- Retail experts are scrutinising political policies that may impact industry recovery.
In May, the British Retail Consortium (BRC) reported a 3.6% year-on-year decrease in UK footfall, based on BRC-Sensormatic IQ figures. Shopping centres were hardest hit with a 4.5% decline, while high streets saw a 2.7% drop, and retail parks experienced a 2.3% reduction. This decline was observed across the UK, with Scotland seeing a 5.4% decrease, followed by Wales at 5%, England at 3.4%, and Northern Ireland at 3%.
BRC CEO Helen Dickinson commented on the situation, stating that despite bank holidays and favourable weather conditions, customer visits to shopping destinations were not as frequent as hoped. She emphasised the importance of political action as the election approaches, suggesting that robust policies could enable retailers to invest in revitalising shopping areas nationwide.
Dickinson also highlighted the challenges posed by the current business rates system and outdated planning laws, which she described as barriers to industry growth. She urged politicians from all parties to address these issues to stimulate economic growth, improve consumer confidence, and increase foot traffic in retail areas.
The importance of these reforms is underscored by the upcoming general election, with the BRC actively scrutinising the policies of potential new government officials. The organisation, representing the interests of the retail industry, has made it clear that changes in business rates, addressing shoplifting concerns, and doubling efforts on regeneration are key areas of focus.
A viewpoint expressed by a member of the public, Darren Hoggett, suggested that while business rates do require attention, the change in consumer habits, with a shift towards online shopping, may limit the potential impact of government interventions. He expressed scepticism regarding the return to previous levels of high street footfall, reflecting a broader sentiment about evolving retail dynamics.
The British Retail Consortium appeals for critical policy reforms to counter declining footfall ahead of the election.