Will Tesco cuts revitalise high streets? Almost certainly not

“TESCO is set to axe 15,000 jobs as part of £1.5bn cost-saving measure that will see fish, meat and deli counters across the country close down.

Bakeries will also be overhauled, with the supermarket giant now ordering staff to use pre-frozen dough instead of making it on site. …”


After putting so many butchers, fishmongers, bakeries and delis out of business, will this revitalise high streets?

Owl thinks not. The killer combination of high business rates, increased town centre parking charges and poorer public transport makes it uneconomic for small businesses to return to high streets.