Retail

Thursday

The Spectator

The government is sending the high street to an early grave

Does it matter that Debenhams and the Arcadia group have gone under this week, taking 25,000 jobs with them and leaving large gaps in the high street? In normal times we would be minded to say no. The failure of businesses — large ones, included — is part of a healthy market economy. It is a routine aspect of the renewal process, whereby good upstart businesses drive out tired and stagnant retailers, to the benefit of consumers and employees alike. If unemployment were as low as it was at the beginning of this year, the redundant staff would not have had to wait long, or search far, for alternative employment.

The Spectator

What are the best pandemic board games?

Dangerous games Sage scientists advised against playing board games at Christmas. Some games to consider if you are feeling subversive:Pandemic Co-operative board game inspired by 2003 Sars outbreak in which players pool their talents to defeat a deadly disease. Was stocked by the unlikely gift shop at the US Centers for Disease Control.Corona Battle Against Covid-19 German game where players battle to defend their businesses against the pandemic.Plague Inc. Players compete as diseases to infect the greatest number of people.Viral Players compete to try to infect a human body, braving its immune system.Infected One person plays plague doctor, while the others are villagers competing to try to stop him infecting

The Spectator

Portrait of the week: Tiers, Scotch eggs and a devastated high street

Home The Commons voted by 291 votes to 78 for new coronavirus regulations putting 55 million people in England into the restrictive Tier 3 or the little less restrictive Tier 2, apart from the 700,000 or so folk of Cornwall, the Isle of Wight and the Scilly Isles. There were 55 Tory rebels, whom the government had attempted to placate by publishing a 48-page dossier, generally regarded as thin stuff. There would, they were also assured, be a review on 16 December of the areas put into tiers. ‘We do want to be as granular as possible,’ Boris Johnson, the Prime Minister, told the Commons encouragingly. Labour let the regulations

Thursday

Martin Vander Weyer

The Co-op Bank isn’t worthy of its name

We’ve heard a lot this week about infrastructure spending, and how much more will be needed if the UK is to achieve the ‘Green Industrial Revolution’ that the Prime Minister seems to have sketched on the back of a pizza box. We’ve also heard that the Chancellor is looking at ways to squeeze billions for Treasury coffers out of the private pension sector. What we haven’t heard so far is a plan to join those two pieces of the economic jigsaw — by encouraging pension managers to become committed investors in infrastructure projects. There are signs of a small shift in that direction among local authority pension funds, but at

Kate Andrews Kate Andrews

It’s make-or-break time for retailers – and the economy

Take a stroll through central London and you’ll be overwhelmed with Christmas cheer. The angels and fairy lights are draped above Piccadilly, the shop windows packed full of evergreen, holly and ornaments. Fortnum & Mason has been transformed into the most decadent Advent calendar imaginable, and Cartier’s building is wrapped up in a giant red bow. Similar festive displays can be spotted all across the UK: Cardiff Castle is now a winter wonderland, the Edinburgh Zoo has unveiled its Arctic adventure, and the Belfast Christmas lights were switched on by domino effect, one part of the city following another. But although the decorations may be displayed in all their glory,

Thursday

Lynn Barber

Why is buying a car such an ordeal?

Why is it so insanely difficult to buy a car? And especially if you are a woman? Part of the trouble is that car salesmen are a particularly unreconstructed breed of men who think ‘lady’ customers will be more interested in the size of the vanity mirror than the fuel consumption. But it’s not just that — it’s the fact that they treat the transaction with all the pomp and gravitas of applying for a half-million-pound mortgage. This started back in February when I left a party (remember those?), got into my Volkswagen and set off into St James’s. Somehow I pressed the accelerator instead of the brake and drove