With the cost of living crisis still putting a sting on people's wallets, several of the UK's most popular high-street retailers are shutting stores across the UK. Retail giants like TK Maxx, New Look, Boots and B&Q have all announced closures, in what's being called a devastating blow to the UK high street.
As well as shops, some food and drink chains are also shutting up shop. Popular budget pub chain Wetherspoons has confirmed that 9 pubs have already been sold off, and 35 hostelries have been put on the market. Byron Burger, which competes with the likes of McDonald's and Burger King, is also closing several of its branches.
The closures don't stop there. Lloyds Banking Group, which owns both Lloyds and Halifax banks, is shutting 22 Lloyds branches and 18 Halifax sites this year. A spokesperson said that customer visits to the affected bank branches have dropped by around 60% on average, forcing them to shut their doors.
