closures – Investorempires.com

Britain’s high streets continued to shrink in 2024, with an average of 35 stores closing each day as retailers battled online competition and economic uncertainty.

Britain’s high streets saw 35 shop closures a day in 2024

Amazon closures a ‘slap in the face’ to Quebec workers, union says

Britain has recorded its highest number of company closures for two decades, with the final quarter of 2024 seeing 198,046 businesses struck off the official register.

UK sees record wave of business closures amid tough environment

Britain’s busiest railway route, the west coast main line, is set for a once-in-a-generation upgrade that will bring significant disruptions for up to ten years.

West coast main line faces decade-long closures in multi-billion-pound overhaul

Retailers in London’s West End have warned that new business rates reforms could spell store closures and job losses, with the flagship shopping district facing a collective rise of £44.5 million in property bills next year.

West End retailers warn of shop closures as business rates surge

Fashion retailer New Look is preparing to accelerate store closures as a result of Labour’s tax-raising budget, while “Chicken King” Ranjit Boparan battles to pass higher costs on to supermarkets—signalling further pressure on UK businesses across multiple sectors.

New Look speeds up store closures as budget fallout bites

Closing Down shop

High Street closures set to surge in 2025 as business rates burden grows

Over 400 pubs across England and Wales have closed in 2024, pushing the total below 39,000. Rising costs, looming tax hikes, and diminished rates relief threaten even more closures in the coming year.

Pub closures top 400 in England and Wales as total dips below 39,000

Next warns of possible store closures after losing a £30 million equal pay case involving female store staff. The retailer is appealing the ruling, which could impact profitability and lead to further high street closures.

Next warns of potential store closures following £30m equal pay ruling

Turkish firms face wave of closures amid economic reckoning By Reuters