News for hackers. Stuff that matters.
Re:'It's just vape, nail, charity shops': Can anything save ... by Lio on Thursday November 05, 2026 @02:41AM (#50376294)
The commercial property in our high streets is owned by foreign property companies that treat them as a property asset.

In many cases you can’t even find out who owns a given property. There’s too many shell companies involved.

They don’t care if shops are occupied, they care about the rated resale value.

Business tax rates are based on property values. There is no chance the property companies will reduce the value of their property portfolio to reduce burden for tenants they don’t care about.

Re:'It's just vape, nail, charity shops': Can anything save ... by jeffrallen on Thursday November 05, 2026 @03:11AM (#50376503)
[delayed]
Re:'It's just vape, nail, charity shops': Can anything save ... by Lio on Thursday November 05, 2026 @03:32AM (#50376661)
I agree. Every pound spent locally massively benefits society.

If good shops are available people will use them.

I think we need the government to look at how retail works and what shoppers actually want.

There's not much local shops can do about the long tail but we need to stop penalising them and allowing online retailers to compete on tax avoidance.

Re:'It's just vape, nail, charity shops': Can anything save ... by PeterStuer on Thursday November 05, 2026 @03:32AM (#50376662)
From a systems dynamics point of view this is unstable as defectors still enjoy the benefits of nice enviroments while paying non of the costs (e.g. go window shop and try things on for size, then by the stuff from a low cost dropshipper).

So unless your "convicing" is a serious eufimism for fairy drastic emforcement, the plan is doomed.

Re:'It's just vape, nail, charity shops': Can anything save ... by jeffrallen on Thursday November 05, 2026 @06:06AM (#50377749)
[delayed]
Re:'It's just vape, nail, charity shops': Can anything save ... by PeterStuer on Friday November 06, 2026 @01:23PM (#50396203)
If that worked, then why are we here?

The preconditions to the type of homogenious high trust environment that is required for this to scale is very fictional at the moment. But I would commend you for trying.

Re:'It's just vape, nail, charity shops': Can anything save ... by solarkraft on Thursday November 05, 2026 @09:49AM (#50379780)
> These firms don’t care about occupancy, they care about the resale book value.

isn’t that a great lever then?

Re:'It's just vape, nail, charity shops': Can anything save ... by mmarq on Thursday November 05, 2026 @02:45PM (#50383516)
Everybody everywhere treats their property as an asset.

The problem with the British high street is that, in the long run, nobody is going to keep visiting the umpteenth independent café serving acidic coffee at £5 a cup, or the minimarket selling the same cheap tat I could buy on Temu for a third of the price.

You compete with Amazon on quality or selling an experience.