More than 35,000 British retailers and 20,000 bars and restaurants are facing significant financial distress, according to new data, while shoppers are forecast to spend almost a quarter less in physical stores this Boxing Day than before the pandemic.
If fashion and footwear shops, furniture businesses and other “non-essential” retailers are allowed to remain open from 26 December, £3.94bn is expected to be spent in stores and online that day, 10% less than before the pandemic and 1% lower than
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