ECONOMIC GROWTH

Modernise or die: the challenge facing Britain's markets

With latest outdoor and indoor market figures showing only 40% are making a profit, markets must change to meet modern needs, say Hayden Ferriby and Raymond Linch.

Modern Britain is changing fast. Rapid technological changes are sweeping through every community, consumer needs are becoming more sophisticated and ways of doing business are constantly evolving. But, remarkably, one critical part of the nation's business landscape continues to stand still.

Outdoor street and indoor markets may be a century-old UK tradition, but most are seriously lagging behind the pace of change.

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