Buzz People

High Street loses 22,000 jobs in 2018

Nearly 22,000 jobs have been hit on the UK's struggling High Streets this year.
BBC 5 live's Wake Up To Money has been tracking shop closures and retail administrations and found that more than 7,000 people have lost their jobs.
A further 9,500 roles are due to go through planned shop closures, while 5,100 are in doubt at Poundworld, which is in administration.
In the past six months, about 1,200 shops run by major chains have either shut or are at risk of closure.
To put that in context, a report by PwC and the Local Data Company found 4,000 High Street shops opened last year and 5,800 closed, causing a net loss of 1,800.
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