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Thousands of people gathered from shortly after midnight at major shopping centres around the country, such as Westfield in London, Bluewater in Kent and Birmingham's Bullring, where Debenhams, Selfridges and Next were offering discounts of up to 50%.
Indeed, John Meadowcroft, a political scientist at London University's Queen Mary and Westfield College, argues in a recent Political Quarterly that they are more recognisably social democrat than liberal.
Croydon was a "strategic location" which could bring millions of people to a part of London "under-served by high-quality retail and leisure facilities", Westfield said in a statement to the Australian Stock Exchange.