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Business leaders agree, UK high streets must change to meet social needs

The FT City Network is a forum of more than 50 financiers, business people and policymakers. This month, members were asked for their views on the collapse of Debenhams and how the crisis on the high street should be addressed. Questions posed included: What is the problem — online competition, overleveraged private equity ownership structures, or anachronistic business rates and tax rules? Should our high streets be saved and if so, how? Below is a transcript of the responses from those who contributed. Colette Bowe, BSB The story of Debenhams…

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