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Reshape town centres and overhaul business rates, says Grimsey

High streets need to become community hubs if they are to survive and thrive, says retail veteran Bill Grimsey in his second review into Britain’s town centres and how retailers can prepare for the future.

Grimsey said retail can no longer be the basis for successful high streets, they must incorporate health, housing, arts, education, entertainment, office space and “some shops”.

He added that business rates were an “outdated and unfair” tax that was in need of a “major overhaul”.

Grimsey conducted his first review in 2013, which was closely followed in Westminster, to factor in changes including the 2017 business rates revaluation.

Readers' comments (1)

  • This has all been said before. Nothing ever happens.

    Councils are as much to blame as central government. Although the latter needs to get taxes right with the likes of Amazon. They’re currently cross subsidised and it’s not a level playing field. Plus the online taxes are going into coffers of other countries anyway. It’s already too late for the damage done, yet it still needs sorting.

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