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The high street bounces back with BARTER

Press/Media: Research

Description

One in five shops in the North West have closed as people desert the high street – but in
Lancaster, a new project aims to reverse this alarming trend. Lancaster University’s
BARTER project funded by EPSRC, aims to get people to spend in local shops instead of
online, so that money remains circulating in the local economy. If over 80% of spending is
kept local, the community’s wealth is boosted five times because that money is reinvested
locally.

Period28/03/2014

One in five shops in the North West have closed as people desert the high street – but in
Lancaster, a new project aims to reverse this alarming trend. Lancaster University’s
BARTER project funded by EPSRC, aims to get people to spend in local shops instead of
online, so that money remains circulating in the local economy. If over 80% of spending is
kept local, the community’s wealth is boosted five times because that money is reinvested
locally.

References

TitleThe high street bounces back with BARTER
Date28/03/14
PersonsPaul Coulton, Mark Lochrie