Dire warning from Wokingham traders as recession bitesBy Hugh Fort
June 25, 2009
The recession is biting in Wokingham with one trader revealing he has not made a penny since opening earlier this year.
D & M Tackle in Denmark Street opened in February, but has faced tough times getting the business off the ground amid the financial difficulties facing the country.
Another business has revealed 2009 is the worst for trade in the last 10 years, with footfall in the town at an all-time low.
Traders say Wokingham is fast becoming a ghost town with several shops already empty.
D & M Tackle owner Mikc Hawkins called for a freeze on business rates or a temporary discount.
He added: “It’s already a bit of a ghost town and I’d say we could see several other places going under.”
Peter Neale, owner of Country Dry Cleaners in Denmark Street, said he was also feeling the pinch.
“Trade wise this is probably the worst year we have had for the last 10 years.
“There is a lack of people around, especially on Saturdays, which has always been our best day of the week but now it isn’t the best day of the week, it is like any other day," he said.
- More in this week's Wokingham Times.