Pretty much this. Indians practice group economics so they all come up and basically keep everything in-house. And can afford to.
Peckham is where I grew up and it's always been Indians pretty much owning all the hair and beauty shops along Peckham High Street.
I know before I left there was an African beauty shop near the station and one up the top part of Peckham near the morleys.
Yes. They also do the VAT scam & there’s no way the average black business can compete with them.
Peckham is actually better now & there are small/medium sized black owned beauty/hair products shops on Rye Lane. And there’s a big black owned one on Walworth rd (by Costcutter) which is just down the road from Peckz. But you know how black folks are with penny-pinching - it’s always about every lil penny counts. However, black businesses can’t grow without patronage & you have to support them if you want them to be on the same level as Indian shops.
Let me tell you some funny story: everywhere in Southwark (from Peckham, to Camberwell, to Walworth, to Dulwich, to Old Kent, all the way to SE1) is littered with naija restaurants owned by naija folks, from regular ones, to bougie ones like Enish, 804 et al. And there’s a naija restaurant in Camberwell Green owned by an Indian man. Do you know that this Indian-owned naija restaurant gets more black customers than some of the naija restaurants owned by naija folks? - that’s basically how weird some black people are. They don’t see race when spending their money…but when they get attacked by the non-black people they spend their money with, they’ll pull the race card & expect all black people to rally behind them.