Cynics have long worried that the “Mary Portas Review” of the high street, commissioned by the government, was largely a PR exercise. I pointed out last autumn that there were concerns that the review’s recommendations were just a drop in the ocean compared to the wider global trends forcing the closure of countless retail chains.
And now it has emerged that eight months after £1.1million was awarded to the first wave of Portas Pilots – to “kick start a renaissance” in town centres -only 12 per cent of the money has been spent.
The figure emerged from an Foi request by Paul Turner Mitchell, a retail commentator and fashion boutique owner. This suggests that only £136,000 has been spent so far with some pilots having spent none of the funding allocated.