LABOUR has called for urgent action to save the ailing high street as more than 8,000 firms prepare to shut up shop.
The party’s analysis of official survey results found 8,679 businesses expect to close premises within three months.
It comes after hardware chain Wilko announced all 400 of its stores are set to shut, leaving 12,500 workers facing redundancy.
Shadow Business Secretary Jonathan Reynolds said: “The news from Wilko has been devastating but Government inaction risks seeing thousands more high street businesses follow suit.
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