Retail sector is 'bucking the trend'

There has been a clear reduction in the incidence of insolvencies over the current recession compared to previous ones, but retail is the sector which keeps bucking this trend.

– PwC retail specialist Mike Jervis

Advertisement

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.