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A corrector of 20% does not help smaller store retailers and on the basis that the majority of stores are small to medium sized units the only beneficiary would be large stores generally owned by very companies.

Small retailers that includes hospitality are critical to the mix on the high street and malls to attract customers and must be given better consideration to allow them to actually make a profit.

The closures over the next 10 years is wildly inaccurate as the current net decline in closed stores is 4K a year.

As a.ways the government , particularly Labour don’t see retail as an industry and I don’t believe that will change.
If you are in the steel market or almost any other industrial market they consider them as a real industry/job. The recent bail out of £500 million for steel owned by TATA is a clear example of the difference.