Held back: The UK’s high streets will struggle to regenerate post-coronavirus if the country’s business rates system is not radically reformed
The past few years have not been kind to the UK’s high streets. Last year, the number of shops lying empty soared to more than 7,500 according to the Local Data Company — the largest increase in five years — and many of the UK’s biggest brands hit the headlines with news they had entered the red zone or proceeded with company voluntary administrations (CVAs).