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More than 61 shops and banks will close this week alone as the UK high street continues to decline.

Dozens of stores across major high street brands are set to close for good this week as the UK high street continues to decline. Many retailers have been struggling since the pandemic while shoppers are tightening the purse strings due to rocketing inflation, which stands at 10.1 per cent.

Soaring energy and food costs mean that people have less money to spend which is bad news for shops, restaurants and pubs. With more people switching to digital banking, bank branches up and down the UK are also set to bow out for good in 2023.

Full list of the 61 shops and banks closing across UK this week including M&Co, New Look & Barclays