Snow Joke As Winter Hits The Local Economy

Published on December 6, 2010 by Crawfords Accounting

The weeks leading up to and immediately following Christmas are said to bring in a large percentage of retail revenue for small to large retailers across Manchester and the country as a whole.

Unfortunately, this year we’ve seen some unseasonably bad weather. With Christmas on the horizon, this is the time of year when retailers rely on the footfalls of the public to bring in much-needed revenue, particularly with the economy remaining fragile.

It’s not just retailers who are reeling from the chill. With many schools closed and primary routes with limited or no access for safety reasons, many companies simply aren’t opening for business as their staff have no choice but to remain at home. In some places, it’s even been reported that essentials like fuel can’t be shipped safely by road, and Royal Mail are warning that parcel deliveries will suffer from a backlog as vehicles simply cannot use many closed routes, particularly in exposed areas like the Snake Pass or those in the Scottish Highlands.

All this is expected to have an impact on businesses large and small. The Centre for Economics and Business Research (CEBR) have told news corporations that they estimate around 800-900 small businesses across the UK will be under serious financial pressure as a result of the early arrival of this season’s wintery conditions.

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