Restaurants take the place of shops on changing British high streets

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Restaurants take the place of shops on changing British high streets
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  • 📰 The Independent
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Hundreds of applications for new dining premises as shops suffer decline but outlook for restaurants remains tough

There are 404,000 businesses across 7,000 high streets this year, down from 412,000 in 2014. The number of retail premises has declined in every region outside London and the North West.Separate research from industry analysts CGA shows that Britain had 768 fewer restaurants in March this year than it did a year before - a fall of 2.8 per cent, or equivalent to 15 closures every week.

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