As London gradually recovers from the pandemic but footfall remains well below pre-Covid levels, London’s West End shopping district is in for a £5 billion investment windfall over the next five years.
London’s West End continues to see footfall recovering with figures from the trade body that represents businesses in the neighbourhood – the New West End Company – saying the steady return of office workers is key.
There are hints that the sunshine that seems to have transformed the UK in just the past few days could have a beneficial effect on retail with news that central London saw a football boom for the long holiday weekend.
As they work to drive shopper traffic back to London’s West End, the New West End Company, local authority Westminster City Council and landlord Crown Estate have announced the launch of a pop-up programme.
Central London footfall may still be well down on pre-Covid levels, but an uptick is expected this summer with a new study suggesting consumers are keen to get back to the UK’s premier shopping district.