Connect with us

Hi, what are you looking for?

Editor’s Pick

High Street footfall nosedives by 25 per cent with commuters and foreign travellers not returning

High street footfall fell 25 per cent in May, from the previous month, according to RSM UK’s analysis of the latest data from Datscha, published this morning.

London continues to be hit by hybrid working with less workers commuting into the city, and international and business travel is still not back at full capacity.

Whereas Glasgow was hit by train strikes in May, coupled with weak consumer confidence and workers only trickling back into the office.

The biggest month-on-month decreases were seen in Glasgow (down 54 per cent), Newcastle (down 40 per cent) and Brighton (down 39 per cent).

Footfall is still 48 per cent lower than pre-pandemic levels, driven by London (down 68 per cent), Newcastle (down 67 per cent) and Glasgow (down 67 per cent).

However, Guildford and Leeds bucked the trend, increasing 8 per cent and 2 per cent month on month, and were the only two cities to exceed pre-pandemic levels in May.

Jacqui Baker, partner and head of retail at RSM UK, noted that “it’s surprising to see such a sharp drop in footfall levels given the bank holiday and school half-term in May. But this was the first month that consumers really felt the magnitude of various prices increases, such as energy and fuel.

She added: “Consumer confidence also reached an all-time low of -41 per cent. As a result, consumers are having to tighten their purse strings which we’re witnessing on the high streets.”

“There’s still fewer foreign tourists visiting the UK, particularly from China which only came out of lockdown at the beginning of June. Retailers will be banking on international travel to ramp up during the summer and provide footfall levels with a much-needed boost,” Baker concluded.

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

You May Also Like


BW FILE PHOTO GROSS BORROWINGS by the National Government reached P2.6 trillion as of end-September as it continued to raise funds to respond to...


REUTERS By Luz Wendy T. Noble, Reporter The country’s foreign exchange buffers slightly increased as of end-October as the value of the central bank’s...


COVID-19 has had a significant impact on the mental health of Filipinos across different groups all over the archipelago. From frontline workers, parents balancing...

Financial Advisors

The healthcare ecosystem is one that has thrived on the cusp of scientific progress, benefitting enormously from the winds of change in the technological...

Disclaimer: Respect, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Respect Investment. All Rights Reserved.