BSaver's Innovative Technology to Save the High Street of UK

BROMBOROUGH, U.K. - Nov. 23, 2018 - PRLog -- Over the past few years public spending attitudes have shifted away from the physical high street shop/department store to internet shopping.  This has put a massive squeeze on the high street as, with its overheads and falling footfall it has struggled to keep up. No-one is immune to these problems.  We have seen the disappearance of some of the biggest names in British retail. It seems difficult to believe, but Woolworths are now a distant memory. Blockbuster, Comet, JJB Sports and British Home Stores, the list goes on.

On 1st November 2018 as the following link shows, The BBC released an article which explains the problem in great details along with some of the initiatives the government are undertaking to try and tackle the issues.


This Problem Needs Tackling

The central government has recognized the failing High Street and its wider economic impact as a problem which needs to be addressed. During the budget on Monday 29th October Chancellor Phillip Hammond announced plans for a "Future High Street Fund" Below is a snippet from the policy paper with a link at the bottom to view the entire document.

A new £675 million Future High Streets Fund will be set up to help local areas to respond to and adapt to changes.

It will support local areas to prepare long-term strategies for their high streets and town centres, including funding a new High Streets Taskforce to provide
expertise and hands-on support to local areas and it will also then co-fund with local areas projects.

Later this year MHCLG will launch the full prospectusfor the Fund, detailing the objectives of the Fund, further detail on the nature of projects that are eligible for funding, and assessment criteria.

https://www.gov.uk/government/publications/future-high-st...

One Solution

Bsaver are developing solutions for this huge problem by creating digital villages around local townships and city centres allowing all shoppers to receive offers trying to revers this alarming statistic.

To find out how a technology company is helping to reverse retail woes created in part by different technologies in the first place.

http://www.bsaver.co.uk/