cost of living crisis

More than 28,000 UK retailers face ‘significant’ financial distress

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The report comes as fewer consumers visited high streets and shopping centres for the Boxing Day sales this year. Photograph: Vuk Valcic/Zuma Press Wire/Rex/Shutterstock

More than 28,000 retailers are facing “significant” financial distress at the end of 2024, driven by rising business costs and weak consumer confidence, according to a report. Read More

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