Traders are riding out the recession
PUBLISHED: 11:53 18 February 2010 | UPDATED: 17:37 25 August 2010
TRADERS are weathering the economic conditions claim a council, despite figures showing some town centres with one in ten shops lying vacant.
TRADERS are "weathering" the economic conditions claim a council, despite figures showing some town centres with one in ten shops lying vacant.
A report by the Local Data Company (LDC) shows high streets in Sidcup, Woolwich, Welling and Blackheath are some of the worst hit in the area with more than seven units closing in just six months.
The survey, conducted between June and December last year, showed Sidcup with 10 of its 108 shops standing vacant and five per cent of Woolwich's 172 units lying empty.
Welling and Erith town centres were also shown to have more than seven units empty, with more closing in the last six months.
Meanwhile, Blackheath and Crayford, with between seven and 15 per cent of their business sites vacant, have seen some improvement with one or more businesses opening up in the last six months.
A spokesman for Bexley council said: "Despite the current challenging economic conditions, Bexley's town centres are generally weathering the storm."
A Greenwich council spokesperson was unavailable to comment.
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