Calculations from the company Simply Business were made on a wide range of different high street businesses that are shutting in significant numbers.
Newsagents and stationers came fifth in the top 10 list of endangered business species.
In even more danger are said to be electrical appliance stores, with a predicted extinction date of 2029, shoe shops and furniture stores (both 2024) and pubs and bars (like newsagents, 2035).
Simply Business based its calculations on figures from the Office for National Statistics and said they underlined the need for a long-term plan to save independent stores by cutting their costs.
Bea Montoya, the company’s chief operating officer, said: “Britain’s independent high street is at breaking point.
“Our research paints a bleak picture – if we don’t act urgently, our high streets will soon look vastly different.
“Independent pubs, newsagents and others will soon be extinct, and the impact this will have on communities will be devastating.
“Owners have told us what would help. A third (33%) say the government should invest in infrastructure to make high streets more attractive to shoppers, 27% want to see business rates scrapped, and 22% want to see grants, loans or tax incentives for independent retail businesses.
“Almost all owners (94%) believe the government has a key role to play in turning the tide.
“Beyond enriching our communities, we know that what’s best for small businesses is best for our economy – they collectively contribute trillions of pounds and account for vast employment.”
This story continues at Newsagents ‘extinct by 2035’
Or just read more coverage at Talking Retail
