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The Death of the UK High Street

Ten years ago the Financial crash was all anyone working in print/social/conglomerate media could manage to talk about; the news was splattered with chatter of retail elephantines going belly-up and skydiving currencies reducing us to bartering ourselves some dinner with precious metals. Slight hyperbole there maybe but the fact that it’s a decade later and we’ve got déjà vu has been overshadowed completely by Brexit and its eternally rolling updates. The connection between the two has been proposed vehemently by various financial experts and yet it all seems a bit less major now the western world has effectively been reduced to a delirious wrestling match between the nu-right and the snowflake vanguard. Last year, 2018 saw over 50,000 people lose their jobs in retail. The stores closed include but are not limited to Maplin, Toys ‘R’ Us and Poundworld and draws frightening comparisons to the crash of ’08 when stores like MFI, Zavvi and most notably Woolworths closed their doors forever. During the 2007-2008 period the UK saw unemployment rise by around 13% and by 2009 it sat pretty at 200,000 people overall out of work. The question, I suppose remains, is it going to get that bad again? Well ...

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The Death of the UK High Street

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