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Gloomy British business scene persists as empty shops rate hits record
Friday, 23 March 2012
The proportion of shops in Britain lying empty has hit a new record of
14.6 percent in February, according to figures compiled by the Local
Data Company, reports the BBC.
Details from the BBC – external source
This comes after the government passed it 4 year running austerity
budget which many analysts feel that it did not hold much to spur
growth but to awarded tax breaks to the rich.
It is also argued that the Chancellor of the Exchequer, George Osborn
heaped the poor and the pensioner with tax hikes while doing little to
cut red taps that would spur entrepreneurship and turn the ailing
British economy around.
By Scancomark.se Team
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