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10 Jan 2019

High street crisis continues as John Lewis warns staff bonus in doubt

Economics Correspondent

Life is getting ever tougher on Britain’s high streets.┬áRetailers have just gone through their weakest Christmas trading for a decade.

Buffeted by high business rates and online rivals, retailers are also complaining that the political turmoil over Brexit is making consumers cautious.

Even at mighty John Lewis, times are so tough that they said today that they might not pay out their famous staff bonus.