The National High Street Index has reported that footfall in our high streets on Boxing Day was 2.3% higher than on Boxing Day last year.

In the West End of London, the increase in footfall was even greater than the national average, with 3.5% more shoppers than on Boxing Day last year and 5.4% more in Oxford Street.

Diane Wehrle, Director of Springboard, said: 'The National High Street Index reported a 6% fall in footfall in November compared with November 2007.

'This result, combined with the 7% year on year increase reported on the Saturday before Christmas and the 2.3% increase in footfall on Boxing Day this year, indicates clearly that the UK’s shoppers are savvy, waiting until as late as possible to do their Christmas shopping, and then taking advantage of further price cuts during the post-Christmas sale period.'

Reductions

Simon Quin, Chief Executive of the Association of Town Centre Management added: 'The index shows clearly that despite financial constraints, the UK’s shoppers are keen to go to our town centres. However, it also indicates a potential future vulnerability for our high street retailers as it seems that only significant price reductions result in year on year increases in footfall in our high streets.'

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