MP’s are backing calls for changes to the current tax regime in a bid to halt the current decline in UK high streets and town centres and allow them to flourish in the future.
For the sixth year in a row, sales have fallen on Britain’s high streets in December.
The latest figures from the Office for National Statistics (ONS) have shown that retail sales have increased at a much faster rate than anticipated.
Industry figures have revealed that credit card lending is rising at its fastest pace since February after the summer’s hot weather boosted retailers.
According to data from Barclaycard, people in the UK have continued to splash the cash this summer, with consumer spending up 4.5 per cent in August compared to the previous year.