UK retail store openings accelerate despite tax hikes

UK retailers committed to opening more stores during the first quarter of the year, despite worries over tax changes coming into effect this month.
Between January and March, just under 7,000,000 sq ft of retail space was leased throughout the UK, making it the highest amount since the pandemic started, according to property firm CoStar.
This marks an 8% rise on the prior quarter, as well as a 25% increase on the same period last year, representing the strongest retail leasing activity in six ye