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HIGH STREET IS BACK IN FASHION

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Retailing forecasts for this year show that town and city centres are likely to account for 94 per cent of major re...
Retailing forecasts for this year show that town and city centres are likely to account for 94 per cent of major retail projects during 2000 - a reversal of the trend in 1998/9.

The Guardian (August 5, p5) reported that as ministers plan measures to help the high street revival, retail analysts CB Hillier Parker, forecast that this century could see major investment in cities.

The paper cites Birmingham as preparing for the biggest retail revival in the near future with two centres costing£800m under construction, the demolition of the Bullring centre and a new indoor market planned for Christmas.

Dudley MBC's latest development plan favours creating a new town close to the Merry Hill shopping centre.
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