21/02/2012

NI Has Highest Shop Vacancy Rates In UK

Northern Ireland has the highest shop vacancy rates in the UK according to recent figures.

Research carried out by the British Retail Consortium has revealed that 14% of shops across the country are lying empty and this is compared to a national rate of 11%.

This news further highlights the need for improved high streets and follows on from the recent review of UK high streets.

Social Development Minister Nelson McCausland has already said that Northern Ireland is getting set to focus on improving its town and city centres.

Earlier in the month the minister said he planned to invite retail expert Mary Portas to Northern Ireland to help devise a plan to regenerate its town centres.

Minister McCausland said:"I support any initiative which can benefit our town and city centres which are clearly facing a difficult time in the present economic climate. Having seen the Portas Review, I have taken a number of steps as my Department continues to consider how we can best deliver support and regeneration in urban areas.

"Our focus should be on putting the heart back into the centre of our high streets, re-imagined as exciting social hubs for shopping, learning and socialising."

(LB)

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