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Brits Show Support for Local Businesses

Local businesses and shops — including pubs, newsagents, grocery stores, gyms and hair salons — are highly valued by British consumers, according to new research from Santander Business Banking. The study, which asked people about the businesses in their area, found that British shoppers spend an average of £88 a week with local businesses. The report suggests that this adds up to £217.7 billion a year — nearly double that of the UK internet economy. In addition, the research reveals that consumers would like to see more useful amenities on their doorsteps — with 67% identifying at least one additional business they would like to see open near their home. Top of the most valued amenity was the local pub (47%) closely followed by the newsagent (45%), and the local grocery store ... »