The number of people shopping during Boxing Day sales in London’s West End plummeted this year, as many chose to avoid the city centre amid a surge in cases of the Omicron coronavirus variant in the UK.
Footfall around the shopping destinations of Oxford Street, Regent Street and Bond Street was almost half of pre-pandemic levels on Sunday, the first day after Christmas, when shoppers typically flood the capital on the hunt for bargains.
The West End Company, which represents 600 business across Oxford Street, Bond Street, Regent Street and in Mayfair, said footfall was 44 per cent below 2019 levels in the capital largely because of the emergence of the Omicron variant.
"As expected, footfall for Boxing Day remained down on pre-pandemic levels as London continues to feel the effects of the Omicron variant, with [many] people choosing to remain home to browse the sales online rather than risk travelling into city centres,” said Jace Tyrrell, chief executive of the West End Company.
Despite scenes of shoppers queuing outside stores such as Selfridges from the early hours of Boxing Day, separate data from retail expert Springboard showed footfall was 67 per cent lower this year than 2019 in central London, while it was 58 per cent below figures from the same year in other major UK cities.
Across the UK, footfall at shopping sites on Boxing Day was 45 per cent below the 2019 level, Springboard said.
However, market towns fared slightly better, with a 12 per cent decrease from 2019 shopping traffic, while there was only a seven per cent drop in outer London.
Britain is in the grip of a surge in Omicron infections with daily cases hitting a record of nearly 120,000 on Thursday, an increase of more than 10,000 on Wednesday’s caseload - which had also been a record.
The spread of Omicron has hit retailers at the worst possible time, because Christmas is when they tend to make most of their annual profit. London is particularly affected as government advice to work from home has meant office workers have deserted the capital at the same time as shoppers and tourists.
On Monday morning, there were some queues outside stores with pictures on social media showing masked shoppers waiting outside Next on Oxford Street from 4am.
New coronavirus restrictions came into force on Sunday across the UK, including wearing masks in all shops and limiting group sizes to six indoors.
"The spread of Omicron across the UK has increased the share of spending made online as many consumers avoided towns and city centres," said Tom Holder of the British Retail Consortium.
"While spending on travel and hospitality may be lower than their pre-pandemic levels, retailers are waiting to see whether this leads to higher spending on retail goods, particularly food and homeware."
The muted shopping scenes were also seen in the run up to Christmas Day with shopper numbers in central London on Christmas Eve 30 per cent lower than the previous Friday as the spread of the Omicron variant kept people at home, Springboard found.
City centres outside London saw a 10 per cent drop in shoppers in the hours up to midday on Christmas Eve versus a week earlier, the data showed.
The weak footfall figures are “synonymous with shoppers staying away from the capital and also large city centres generally,” said Diane Wehrle, marketing and insights director at Springboard.
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Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
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Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
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Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
WWE Evolution results
- Trish Stratus and Lita beat Alicia Fox and Mickie James in a tag match
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