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Number of empty stores in UK soars in first quarter of 2021

7 days ago   |   By Fashion United

Image: Pexels
The number of empty stores across the UK has soared in the first quarter of 2021, new data reveals.
The overall GB vacancy rate increased to 14.1 percent in the first three months of the year, from 13.7 percent in the fourth quarter of 2020, according to the latest BRC-LDC Vacancy Monitor.
The figure is 1.9 percentage points higher than in the same point in 2020, and marks three consecutive years of increasing vacancy rates from Q1 2018.
Helen Dickinson, CEO of the British Retail Consortium , said it was “no surprise that the vacancy rate has continued to soar” following the...
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