High Street shops closing in record numbers

Britain's retailers have faced yet more gloomy predictions today with up to half of major High Street stores planning to cut staff, according to a new survey.

The grim outlook comes in the wake of a series of famous names going under, like Jessops, Blockbuster and HMV.

ITV News Consumer Editor Chris Choi reports from Warrington:

Read: Chris Choi examines whether the threat to the High Street is fatal.


Half of retailers will shed jobs

Around 50 per cent of retailers will shed jobs in the first quarter of 2013, according to research by the British Retail Consortium. The number of shops fell by almost 600 last month even before the recent collapse of a raft of High Street names.