<ul data-eligibleForWebStory="false"><li>A study revealed that as much as £5bn is needed to revive struggling high streets in the UK, with areas like Bradford, Newport, and Blackpool having double the percentage of empty shops compared to London.</li><li>The Centre for Cities thinktank report emphasized the importance of developing homes and high-paying jobs in central locations to boost local spending power and revive high streets.</li><li>Retailers have called for measures such as a cut in business rates, lower employment taxes, and cheaper parking fees to aid in the revitalization of high streets.</li><li>The report highlighted that struggling high streets are a result of economic issues, with oversupply of shops and undersupply of visitors being key factors, emphasizing the need for funding to attract people back.</li></ul>

As much as £5bn needed to revive UK’s struggling high streets, study finds

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