Retail sector headwinds continue to build under the surface: Knock-on impact on commercial property

Downside risks for the UK retail sector continue to mount as we head into the autumn. A surging Delta variant threatens the momentum of recovery in the economy and consumer spending, while government fiscal support policies are soon to end – notably the furlough scheme and business rates relief. These risks dampen the outlook for the retail sector as a whole, and the stability of individual retailers both large and small.

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