Monday, June 27, 2011

Cheap home loans won’t help this

Jane Norman Is Latest High Street Casualty

Fashion chain Jane Norman has closed its 90 stores and gone into administration, becoming the latest victim of tough retail conditions. Accountancy firm Zolfo Cooper is now seeking a buyer for the company, which employs 1,600 people.

Posted by mark @ 11:16 AM (1260 views)
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One thought on “Cheap home loans won’t help this

  • mark wadsworth says:

    Forecasts made a year ago said that hiking VAT by 2.5% would destroy about 200,000 jobs. So that’s another entirely foreseeable loss of 1,600 jobs to add towards the total.

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