Sunny

Sunny

max temp: 23°C

min temp: 15°C

Search

The pigs have arrived. See the latest

Pigs Gone Wild

news here.

Fewer shops fail in 2013

13:29 04 January 2014

Better news for the retail trade

The number of retailers going into administration during 2013 fell by 6% overall compared to the year before though there was a marked upturn during the final quarter of the year.

Research from business advisory firm Deloitte found 183 retailers entered administration over the last 12 months compared with 194 in 2012.

High street firms were thought to be benefiting from being left standing after the collapse of rivals.

But the last three months of the year saw an increase of 11% compared to the previous fourth quarter - from 37 to 41.

Lee Manning, restructuring services partner at Deloitte, said: “The high street has undergone a re-balancing, and this is what is being reflected by these figures.

“A year ago we were about to see HMV, Blockbuster and Jessops enter administration, but I would not expect as many high-profile retail casualties this time round.

“This does not mean demand is increasing, more that the clear-out will benefit those still standing in 2014.”

In total, 1,629 businesses went into administration in 2013, 11% down from the figure of 1,833 seen the previous year.

Almost all sectors tracked in the analysis saw a decline in the number of business failures - including a 24% fall in property and construction, and a 4% decrease among manufacturing firms.

The healthcare and social services sector saw an increase of 7% from 42 to 45, the analysis found.

0 comments

Three quizzed

Police have quizzed three men following allegations that a referee was kicked, spat at and jostled during a stormy Ipswich Sunday morning football league match.

Lois Cordelia painting Pig-geswyk at the La Tour Cycle Cafe in Ipswich.

An Ipswich artist whose design made it into the Pigs Gone Wild art trail has said the project is great for promoting homegrown talent.

The SPD says St Nicholas Street is a well managed traditional shopping street with historic shop fronts.

Let’s make the most of the beautiful buildings in Ipswich town centre. That is the message to retailers and other businesses amid concerns that some shop fronts don’t reflect the traditional character of the buildings they occupy.

Parents and children are campaigning for a 20mph speed limit outside St Helen's Primary School.

Parents and pupils from an Ipswich primary school are demanding a new 20mph limit on some of the town’s busiest roads after a series of recent near misses.

The A12 is closed at the M25 junction.

There are long delays on the A12 London-bound due to a collision.

Stock image. Pic: David Davies/PA Wire.

Rising numbers of pupils are being excluded from primary schools in Suffolk, new figures reveal.

The 27-year-old killed himself and injured 12 others, three of them seriously, when he detonated an explosive device near a bar in central Ansbach.

A suicide bomber who blew himself up after being turned away from a music festival in southern Germany was a Syrian man who had been denied asylum.

Elliott Thompson. Pic: Suffolk Constabulary.

A Stowmarket man was who was reported as missing to police has been found safe and well.

Rescue teams co-ordinating the search for a missing kayaker off the Jaywick coastline. Picture: RNLI

A major sea rescue operation at Clacton launched after a kayaker went missing on Sunday evening has been called off after the discovery of a body.

Brian Williams

Tributes have been paid to a Suffolk rugby stalwart who dedicated his time to promoting grassroots rugby in the region and across England.

Most read

Most commented

HOT JOBS

Show Job Lists

Topic pages

Streetlife

Newsletter Sign Up

Great British Life

Great British Life
MyDate24 MyPhotos24