So far this year, the British high street has been hit hard with various retailers such as Marks and Spencer, Boots and Costa Coffee announcing store closures.

Due to the cost of living crisis, Britons are spending less with some people cutting back on their spending when it comes to luxuries.

Unfortunately, tightening the purse strings is affecting the British high street with retailers also being hit with higher rents and plans for restructuring.

Figures from the Centre for Retail Research, a…