Fears for Welsh retailers

A business expert is warning around 14% of retailers in Wales face going bust. Chris Parry, from Cardiff Metropolitan University, says 2013 will be the toughest year of the recession to date.

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Expert: high streets 'approaching point where they can't recover'

Chris Parry, a business expert at Cardiff Metropolitan University says around 14% of shops in Wales are empty at the moment - and he thinks that could rise to 16 or 17%. He warns: 'you come to a point where a sick patient can't recover - and I think our high streets are approaching that point.'

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