Rain blamed for high street woes

The wash-out start to the summer added to the woes of the high street and triggered a 10.3% rise in retail collapses between April and June, a report revealed today.

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Insolvencies high in North East and Cumbria

  • The PricewaterhouseCoopers (PwC) survey has showed that the overall number of insolvencies saw the biggest increase in North East and Cumbria, up 70% to 277.
  • But the West saw failure levels drop nearly a third to 117.

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