How Capitalism Works

London, Reading & Writing, The Arts

Good things go. Bad things stay. The Travel Bookshop was the inspiration for the rom-com Notting Hill, in which Hugh Grant fell in love Julia Roberts.
But despite becoming one of London’s most popular tourist attractions, it emerged on Tuesday that the bookstore is to cease trading after 32 years in business.

A group of writers have offered to work for free in a bid to save it from closing its doors, and Alec Baldwin has added his support to the campaign.
The shop was heavily hit by the recession.

Meanwhile, Dress Circle, the theatre book and music shop in Covent Garden, is also threatened with closure, and has produced a CD to help raise funds to keep going. You’ll find it on their site.

Londoners love specialist shops, but landlords keep increasing rents. These two are the latest to be hit in a year that has seen the threatened closure of many beloved independent stores.

6 comments on “How Capitalism Works”

  1. Helen Martin says:

    Being a foreigner I didn’t realize that was a *real* bookstore. Loved the movie. There is far too much notice of closure happening. Other than patronising shops I don’t know what we can do.

  2. Marc says:

    I’m very sad to say that the National Map Centre in Caxton Street (just round the corner from St. James’s Park tube) will be joining the closed list in September after sixty years trading. I guess London just wasn’t big enough for them and Stanfords.

  3. Helen Martin says:

    Before my map obsessed husband had a chance to frequent the place. No, but really!

  4. I.A.M. says:

    This wilful desire to make more and more money will kill all retail soon, even the big boys. Much of it comes from the local councils’ need to make more revenue due to more and more of the top-earners’ income not being taxed or taxed less and less. Plus there’s more and more of the wealth being held by less and less people…

    Makes one weep, really; there’s no solution in sight.

  5. Marc says:

    @ Helen – there’s still time, and they’re having a big clearance sale! Do the decent thing and inform Mr Martin forthwith!

  6. Helen Martin says:

    By the way, is there a connection between Caxton St. and the printer of that name? I did inform Mr Martin of the sale but he is unable to make the flight. Don’t know whether that’s good or bad.

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