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High Streets Evolve as Pubs Vanish | Leicester News

High Streets Evolve as Pubs Vanish | Leicester News

Published 10 hours ago
Description

British high streets are transforming fast, with vape and betting shops booming while pubs and banks vanish—nearly 1,800 pubs gone since 2016, 7,000 banks shuttered, and vape shops exploding from 245 to nearly 2,200. The government’s trying to reverse the tide with local control measures, lower rates for nightlife, and new rental auctions to fill empty spaces. But results vary: some towns like Loughborough face 12% vacancy despite new openings, while others like Melton see rising footfall and thriving local scenes. Councils are divided—some embracing the auctions, others wary of bureaucracy or skeptical of their own market health. Still, investment in events, public spaces, and local businesses is keeping some high streets alive and buzzing.

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