It’s been a tough year for the UK high street with a number of shops and banks closing. Towns up and down the country are set to lose more sites in August as businesses continue to be hit with increased costs.
Retailers such as Sainsbury’s, Aldi, Iceland and Homesense have already shut stores this year. Meanwhile, River Island is on the brink of collapse and could run out of cash in just weeks. A total of 33 stores have been earmarked for closure which puts hundreds of jobs at risk.
Budget retailer Poundland has also confirmed that 68 branches will close after owners Pepco sold out to investment firm Gordon Brothers for £1 last month. Part of the deal involved the business undergoing a restructuring plan.
Bank Santander will also shut branches across the UK in the coming weeks. It comes amid a shift in customer preferences towards online and mobile banking.
Smaller independent businesses have also struggled this year. One shop in Huddersfield was forced to shut after taking just £300 during the whole of February, while a beloved shoe shop closed after a century of trading.
Here is the list of shops and banks set to close in August.
