England - London - Lat Day written on closed clothing shop

'Last Day' is written on a closed taylors business in London, a victim of the UK recession. Reduced prices and services are listed on the glass with a poster urging customers to grab a bargain. Around a recession-bled Britain, high-street businesses have been going bust in their thousands. Britain has now endured eight recessions since the Second World War. No two recessions are alike, and that applies to the current slowdown also. It has been caused by a shock to the availability of credit, a massive build up of debt. The number of people out of work currently stands at almost two million. Given the rate at which the economy is deteriorating this could easily be above three million. From a continuing piece of work about windows and urban messages, the picture is from the project of closed business windows: 'Bust - the Art of Recession'.

Add to Cart Add to Lightbox Download

Filename: last_day02-19-12-2009.jpg
Copyright: © Richard Baker. No copying, screen grabbing, transmission or publication without permission.
Image Size: 5315x3543 / 2.2MB; www.photoshelter.com/support/license; https://www.bakerpictures.com/contact; shop store mart high street closing failure recession credit crunch victim retail urban city capital GB British English Europe EU Great Britain England UK London finance economy economic liquidation last end final trade trading business economics financial shopping information message notice shop spelling writing written store location £ Pound currency display commerce jobs bust branch consumerism cease last day downturn outlet abandoned retailer lease debt closure ending days window outdoors outside bargains prices taylor
Contained in galleries: Bust - The Art of Recession

'Last Day' is written on a closed taylors business in London, a victim of the UK recession. Reduced prices and services are listed on the glass with a poster urging customers to grab a bargain. Around a recession-bled Britain, high-street businesses have been going bust in their thousands. Britain has now endured eight recessions since the Second World War. No two recessions are alike, and that applies to the current slowdown also. It has been caused by a shock to the availability of credit, a massive build up of debt. The number of people out of work currently stands at almost two million. Given the rate at which the economy is deteriorating this could easily be above three million. From a continuing piece of work about windows and urban messages, the picture is from the project of closed business windows: 'Bust - the Art of Recession'.