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Horror On High Street As Half Of Independent Stores Mull Closure

Retail chiefs sounded the alarm over rising taxes as it emerged more than half of independent shopkeepers have considered closing this year.

As official figures showed unemployment has soared to a four-year high, the boss of Sports Direct and House of Fraser owner Frasers warned of ‘dark clouds’ on the horizon due to the looming Budget.

Read the full article on the This is Money website

NAM Implications:
  • Will someone please tell the government?
  • They may not hear the message…
  • …but ‘84% (of retailers) saying they lack confidence in the Government to help’…
  • …may strike a chord.