Monday, April 27, 2009

Check your Job is Safe before Housebuying!

Retailers collapse at a rate of seven each day

Seven retailers collapsed on every single working day, on average, during the first quarter of the year, the accountant PricewaterhouseCoopers said yesterday, revealing figures that lay bare the impact of the worst recession for at least 35 years. PWC said 705 retailers fell into insolvency between January and March, a 60 per cent increase on the same quarter last year.

Posted by alan @ 12:41 PM (759 views)
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One thought on “Check your Job is Safe before Housebuying!

  • Happy Renting says:

    7 a day? So few? Seriously, I would have thought that the rate would have been higher.

    705 retailers failing nationally in the past 3 months is a small amount.

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