How valuable is the PRS to the UK economy?

The private rented sector (PRS) is becoming an increasingly important part of the British economy. It has been expanding steadily in recent years and looks set to continue this growth for the foreseeable future. Indeed, the Association of Residential Letting Agents (ARLA) has estimated the sector is already worth £500 billion and contributes £30 billion to the UK economy each year. But why is the PRS so valuable and what does this mean for letting agents? Read on to find out. A growing fo...

From flagging to flagship: Britain’s high streets

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Shopping with the family can often be a chore. Screaming kids, moaning partners and hefty price tags often make us want to become recluses in our own homes. Therefore, it is the responsibility of retailers to provide an all-round shopping experience on the high street. Not only will this encourage more local businesses to thrive but it will help rejuvenate what often is regarded as a stagnant institution. The shopping experience For many, shopping is simply an inconvenience when a pres...