More high-street shops poised to go bankrupt, insolvency body warns

The figurehead of the UK's insolvency industry has warned that a new batch of retailers could be forced into administration as the high street attempts to trade through one of the most financially stressful weeks of the year.

The forecast by Lee Manning, the president of the insolvency industry's trade body, R3, comes as shopkeepers attempt to pay their landlords three months' advance rent on their stores, a bill that became due on Sunday in a deadline known as "rent quarter day"....Guardian