Dee Corsi, Chair of High Streets UK said: “The latest figures on the UK jobs market are a reminder that the growing cost of doing business has a tangible impact on the prospects of working people. With trading conditions already challenging, and margins in sectors like retail, hospitality and leisure razor thin, businesses can no longer absorb any further costs. 

 “The Government’s proposed business rates reforms – which would dramatically raise the rates bill for anchor stores across the country – will place an unsustainable burden on flagship, city centre high streets. These locations are key drivers of economic growth and job creation, but current plans put that at risk. 

 “That’s why we are urging the Government to take seriously the concerns of all high street businesses and reconsider the proposed reforms. High streets, particularly those in flagship, city centre destinations, can play an instrumental role in pushing forward the Government’s growth agenda, creating jobs and attracting investment. We must create the right conditions for these locations to thrive if we are to truly unlock their potential.”