Retail rates across the UK's high streets and shopping centres are set to decline by around 11% between now and the end of the year, according to a report from property consultancy Colliers CRE.

With landlords desperate to keep properties occupied in the recession small business owners are being advised to re-negotiate with their landlord to secure a better deal, with some landlords resorting to offering rent-free occupation for up to six months in a bid to attract tenants.