The death of the High Street

I was predicting wholesale (if you'll pardon the pun) closures of High Street shops as far back as last Spring and it looks as though it is happening. As well as the closure of Woolworths, Whittards etc. M&S are closing stores and predictions of an average of 200 shops a day shutting this year are being made. This depression is going to be long and very, very nasty - oh well so long as Gordon Brown is happy.