Explainer with Nick Dee
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NewsTranscript
00:00The British high street has faced significant decline, marked by the closure of thousands of shops, pubs and bank branches.
00:09Recent announcements such as Boots the Chemist planning a massive round of store closures
00:15and Carpet Right looking set to disappear from the high street underscores the crisis.
00:21In response, the new Labour government has announced a comprehensive plan to revitalise high streets.
00:28This includes reforming business rates, a long-standing burden for brick and mortar businesses.
00:34They plan to replace them with a fairer system.
00:38Labour also plans to address the rise in shoplifting and anti-social behaviour by increasing police presence
00:46and introducing tougher laws to further support high street businesses
00:51and allowing councils to repurpose long vacant shops.
00:56It does beg the question, what needs to be done to encourage you to return to the high street and shop local?