• jocanib@lemmy.world
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    1 year ago

    How Oxford Street is being reclaimed from American candy shops

    Westminster Council has been cracking down on US sweet shops after many were discovered to be fronts for illegitimate businesses. In November 2022 one third of the stores had been shut down and by March 2023 the Met Police had seized £1 million worth of goods from the shops.

    The solution is pretty sweet (pun intended):

    A new initiative by Westminster Council called Meanwhile On: Oxford Street will allow up-and-coming businesses to open in the sites of closed-down candy shops without paying rent, while also having their business rates cut by 70 percent. The free rent will last for the first six months of the stores opening. It comes as part of a scheme to regenerate central London’s waning high street.