The success of the "Eat out to help out" scheme has proved a great success, with Monday-to-Wednesday food promotions showing a 61% increase on last year, and 84,000 outlets participating. Commercial Property Advisors (CPA) believes that the real achievement of the scheme will be if it ignites further innovations in the way we experience shopping, and dining out.
For example, revenue from the proposed digital sales tax should in part be channelled to physical businesses, in the form of grants for the most original proposals to freshen outlets' images, both externally and in-store.
CPA believes that pessimistic forecasts of long-term decline could best be confounded by a face-lift for our high streets. Our hard-pressed businesses would readily agree, but are right now struggling with cash-flows too tight to cope with such ideas.
So come on, Rishi Sunak and the British Retail Consortium, please shell out to help out!
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