London’s high streets and town centres are undergoing transformation.
Both changing shopping patterns and the growth of online retail mean retail is evolving. It is increasingly experience-led and many retailers are restructuring to build greater flexibility into their offer.
But retail is only one aspect of our high streets and town centres. The remaining space is taken up with offices, public services, bars, restaurants, cultural venues, maker space, housing and many other uses.
The high streets and town centres that succeed will likely be more compact, with a broader mix of these activities. Ensuring they remain vibrant, and diverse, will be vital to maintaining London’s reputation as a great place to live.
We work to support this transformation by:
influencing planning policy, including the National Planning Policy Framework, the London Plan and local policies where relevant;
convening the London First Retail Group, which brings together our members, policymakers and stakeholders on a quarterly basis to share best practice and identify policy challenges and opportunities;
convening the quarterly Central London BIDs Forum to discuss and influence issues which are critical to the wellbeing of London, in the common interest of business and communities;
working with our members, BIDs and other trade bodies to lobby Government to address the disproportionate impact of business rates revaluation on London retailers’ competitiveness;
safeguarding access to talent — London’s retail and hospitality sectors rely on talented people from all over the world to work throughout the supply chain both in London and beyond (see our Facing Facts report for more details);
working with the Night Time Commission and Night Czar to ensure London makes the most of the 24-hour economy, keeping it globally competitive.