The Square Mile has remained attractive to firms, workers and visitors over its long history in part by constantly reinventing itself. We have welcomed media, creative and tech firms as well as those from the traditional financial and professional services sectors.
Additional business rate relief for shops will do as much good as giving alms to a beggar. Over 600,000 poor beggars already get relief in some form or another. Rateable values are referenced to rents, so rates will fall, eventually.