By Paul Homewood
h/t Ian Magness
The high street is facing a £90bn bill for upgrades as net zero rules force businesses to improve more than nine in ten of Britain’s shops.
New energy standards will make 91pc of all retail space including high street stores and shopping centres across UK city centres unlettable by 2030 without urgent and costly action, according to Savills estate agent.
The Government intends to ban commercial properties from being rented out unless they are assessed as having a minimum energy performance rating of C by 2027, and B three years later.
Experts warned that vast swathes of buildings will be unable to meet this requirement without major improvement work. Victorian town and city centre buildings are likely to need expensive insulation to reach the target.
Tom Whittington, commercial research director at Savills, said: “It’s a disaster waiting to happen. There’s not enough money or…
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Utopia, you are standing in it! 
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