How Oxford Street's pedestrianisation sparked a 'staggering' spending boost

Business & FinanceLifestyle
9 Nov 2026 • 8:54 PM MYT
The Independent
The Independent

The world’s most free-thinking newspaper

How Oxford Street's pedestrianisation sparked a 'staggering' spending boost

  • London mayor Sadiq Khan has praised early figures showing a 28 per cent increase in retail spending to £3.7 million following the pedestrianisation of Oxford Street.
  • Footfall along the traffic-free stretch rose by 16 per cent during the opening week compared to half-term last year, driven by a 42 per cent surge in international visitors.
  • Half of the 1.2-mile high street became vehicle-free on 26 October as part of a phased rollout aimed at avoiding disruption before Christmas.
  • West End businesses reported immediate commercial gains, with Oxford Street Market Halls recording a 25 per cent rise in sales and a 29 per cent boost in visitors.
  • Critics highlighted that figures were only published for half-term week, while accessibility campaigners warned disabled shoppers now face longer distances to bus stops and taxi ranks.

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