As the UK's economy slowly crawls back to health, more than 26,500 retailers will be forced to close
by 2015, according to research by BDO.
The figure includes the closure of 15,400 fashion shops throughout the country.
The expected rate of business failures is significantly higher than in the post-recession period that followed the downturn in the early 1990s. Then, 0.6pc of all retailers went bust. This time, 0.9pc are expected to fail, according to the research by BDO, the accountants. Next year will see the highest rate of high-street failures over the five-year period - at 5,017.
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