Call 020 7794 5757 - Email info@numerallp.com

High streets must be helped to evolve, says FSB

The UK's high streets need help to evolve and survive, according to a new report from the Federation of Small Businesses (FSB).

05 Aug 2024

The UK's high streets need help to evolve and survive, according to a new report from the Federation of Small Businesses (FSB). 

The FSB has unveiled a package of measures to help improve the nation's high streets.

It says that high streets face a range of risks including plummeting consumer spending, falling footfall and crime or anti-social behaviour.

The FSB says initiatives like supporting pop-ups, temporary use initiatives for new businesses and creating mobile phone-based loyalty programmes can help revive the UK's high streets.

Other recommendations include, showcasing high streets in major tourism campaigns, well-maintained accessible toilets and community-specific online marketplaces.

Tina McKenzie, Policy and Advocacy Chair at the FSB, said: 'By providing the infrastructure, flexibility and digital connectivity that modern businesses demand, high streets will have the resources available to become resilient, dynamic hubs ready for the future. 

'As well as core recommendations targeting fundamental issues for small firms on the high street, including business rates, transport and parking, this report also lays out innovative asks to ensure these businesses can survive into the future and ultimately help revive our town centres.

'High streets must be helped to evolve to keep pace with changes in consumer behaviour as well as how small firms want to work. One example of this is introducing loyalty schemes for high streets to encourage local businesses to collaborate and incentivise consumers to shop, eat, and drink locally.'

Newsletter sign-up

Why not register to receive our Monthly Newswire?

Once a month we'll send you an email packed full of essential business news and handy tax tips to help save you money.

Sign-up today

Try a site search Tax return, dividends, pension, autumn statement...

Company details

020 7794 5757

Numera, 4th Floor Charles House, 108-110 Finchley Road, London NW3 5JJ

Numera is a trading name of Numera Partners LLP | Company Registration No. OC365787 | Place of Registration: England & Wales | Registered to carry on audit work in the UK by the Institute of Chartered Accountants in England and Wales.

About us

Numera is a newly established forward-thinking firm of chartered accountants, with over 25 years in experience of audit, accountancy, taxation and business advisory services.

We work with clients in a large variety of industries and sectors; from sole traders to multi-million pound turnover organisations. We aim to create and maintain a close relationship with our clients. By being so involved, we are able to identify opportunities for our clients as well as possible risks that our clients may be faced with.

© 2024 Numera. All rights reserved. We use cookies on this website, you can find more information about cookies here.