High street chains 'close almost 6,000 stores so far this year'

Reports that "major high street chains have been forced to close almost 6,000 stores so far this year amid a raging crisis on the high street" feature in today's newspaper round-up.

The Telegraph reports that, across the UK, "a total of 5,834 shops were shut by large retailers with ten or more stores since the start of the year to September 30," according to the research body the Centre for Retail Research. The paper says that "is a 77 per cent rise on the whole of last year, when 3,303 sites were closed by larger retailers."

An article in London’s Evening Standard says that "two west London housing estates that have been under threat of demolition by developers for 12 years are to be handed back to the council in a major victory for campaigners." The paper says that "residents on the estates, Gibbs Green and West Kensington, [have been told] that their homes will be returned to public ownership under the terms of a deal struck by Hammersmith & Fulham Council leader Stephen Cowan." The paper adds that the move "ends one of the longest-running disputes over regeneration plans between social housing tenants and developers in London in recent years."

The Evening Standard also reports that protesters have accused developers of "cultural vandalism" after plans to build a hotel on the site of the bell foundry that made Big Ben were approved. The paper says that the decision by the London Borough of Tower Hamlets "paves the way for US developer Raycliff to turn the Grade II listed Whitechapel Bell Foundry, which also made the Liberty Bell, into a 108-bedroom hotel with a swimming pool, cafe and artist spaces."

An article in The Guardian says that research has found that "the global climate crisis could lead to more renewable electricity being generated by spurring faster wind speeds for the world’s growing number of windfarms." The paper says that research by Princeton University "discovered that the world’s shifting ocean circulation patterns may have triggered a rapid increase in wind speeds over the last 10 years."

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Sign up now
Already registered?
Sign in

Join the conversation with PlanningResource on social media

Follow Us:
Planning Jobs