1. ITV Report

One Scottish high street store closes every day

Hawick town centre. Photo: PA

Around one store closed every day on Scotland's high streets in the first half of the year, new figures show.

Business outlets shut their doors in first six months of 2016
Shops closed per day

The rate marks an increase on that recorded in 2014 and 2015, when there were 140 closures over the same period each year.

There were, however, 116 store openings in the first half of this year, meaning there was a net loss of 87 shops across Scotland's town centres over that time.

  • How does Scotland compare to the rest of the UK?

The 2.7% decrease on the total number of stores was the highest recorded in the UK, where the overall average stood at a drop of 0.8%.

The latest figures were contained in PwC research compiled by the Local Data Company (LDC).

Overall, it found 3,201 stores were in business in Scotland in January 2016.

By the end of June, it had dropped to 3,114.Only Falkirk bucked the national trend to slightly increase the number of stores it has.

Dumfries town centre. Credit: ITV Border

Wider trends across the country showed fashion shops had the highest number of openings, but also the largest number of closures.

Other large numbers of closures came from banks (down 7%) and charity shops (down 4%).

In terms of net openings, satellite TV firms, health clubs and e-cigarette vendors led the way, the research found.