UK retailers collapse under strain of credit crunch

In the week British Chancellor Alistair Darling made a bold bid to get shoppers spending again, retailing casualties are sprawled across the corporate landscape.

In the week British Chancellor Alistair Darling made a bold bid to get shoppers spending again, UK retailing casualties are sprawled across the corporate landscape.

The collapse of Woolworths and MFI have shown that a famous name is no protection against failure as the high street squeeze tipped the previously-struggling duo into the abyss.