Financial Times FT.com

London mayoral race

Johnson plans space for small retailers

By Tom Braithwaite and Catherine Byaruhanga

Published: August 1 2008 03:29 | Last updated: August 1 2008 03:29

Property developers in London will have to set aside a proportion of new retail space for independent shops under a proposal put forward by Boris Johnson.

The mayor on Thursday attracted a mixed response to his plan that claims to protect small retailers from the march of larger chains by guaranteeing “affordable” space. Both the British Retail Consortium and the British Property Federation adopted a sceptical stance.

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