The crisis facing the high street is expected to intensify after Christmas and it is anticipated that there will be a raft of insolvencies of high street shops, bars and restaurants in the early part of 2019. Shops closed at a rate of almost 14 a day in the first half of 2018, a period that saw several household names disappear and others seek emergency rescue deals to stay afloat.
From our experience businesses who are suffering from financial pressure will hold on until Christmas, their busiest time of year, and then may pull the plug in January.
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