Thursday, 12 July 2012

Recession on the High Street...a new government strategy

12 UK towns have recently been awarded £100k to help revive their ailing town centres.

These so called Portas Pilots include Wolverhampton as well as smaller towns such as Lizkeard (Cornwall) and Market Rasen (Lincolnshire)

Luton ( pictured left ) , Dunstable and Bedford have not made the list.
It will be interesting to see what initiatives are suggested and whether these towns can overcome the threats of :

  • internet shopping
  • penniless customers 
  • successful out of town centres 
Radio 4 recently featured the plight of Dunstable's Quadrant Shopping Centre. The Council are anxious to buy the site but cannot afford the price demanded by the owners ( Southend Property Holdings ) who feel that they are sitting on a goldmine.

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