Blow for Scottish retailers as footfall declines

Hello and welcome to our daily digest of business, financial and economic news from around Scotland.

1. Scottish retail footfall dropped by 2.3 per cent year-on-year in July, continuing a gradual decline, according to figures from the Scottish Retail Consortium (SRC).

The results were described as “feeble” and a disappointment for retailers by David Lonsdale, director of the SRC.

Edinburgh had a modest footfall increase of 1.4 per cent, while Glasgow’s fell by 4.8 per cent. This comes after a very slight increase in total footfall in June of 0.2 per cent, which was the first sign of growth for eight months.

Scottish shopping centres recorded a 1.1 per cent year-on-year footfall drop, worse than June by 2.3 percentage points. There has been a