Tough trading puts firms at risk

Ian West/PA Wire

A swathe of retailers are at risk of going under in the new year after tough Christmas trading conditions have left nearly 140 firms in a critical condition, a report warns.

Consumer cutbacks and the increasing popularity of online retailers have seen a sharp rise in the number of firms in financial distress, according to research by business recovery group Begbies Traynor.
%VIRTUAL-SkimlinksPromo%