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4,500 retailers in critical financial distress, new data reveals

Nearly 4,500 businesses are now in critical financial distress as poor consumer confidence, sticky inflation, and elevated interest rates force consumers to hold back from spending big, even in the run up to Christmas

Nearly 4,500 retailers are now in critical financial distress as poor consumer confidence, “sticky” inflation, and elevated interest rates force consumers to hold back from spending big, even in the run up to Christmas, according to new data from Begbies Traynor.

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