Rents must be slashed and investment poured into Oxford Street to save it from becoming a scourge of tacky sweet shops, industry leaders have warned.
It comes days after harrowing images revealed the shocking extent of the homelessness crisis gripping Oxford Street, with large numbers of people lying on makeshift mattresses.
While still considered Britain’s premier shopping destination, the shift to online shopping and the impact of the pandemic have left the street a shell of its former self.
Retail