THE high street lost more than 13,000 shops last year and experts have warned of "worse set to come" in 2025.The number of retail closures was up by more than a quarter on the previous year.And the Centre for Retail Research fears national insurance contribution hikes and higher wages will take their toll in the next 12 months.Provisional data showed small independent retailers, which had Covid-era financial support cut back, were hardest hit. It found 11,341 such stores were shut during the year, a 45.5% jump on 2023.Meanwhile, 2,138 stores were shut by larger chains such as Ted Baker, Homebase and Carpetright. The Centre for Retail Research has said it expects store closures to rise to about 17,350 during 2025 - with over 14,000 coming from independent retailers.Alex Probyn, of Commercial real estate firm Altus Group, said: "Despite Labour's manifesto recognition of the undue burden business rates place on our high streets, that burden will be significantly increased." The Daily Star had last night approached the Government for a comment.

HIGH STREET IS SET TO HIT A NEW LOW

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