businesses closure in the UK

After the shut down of Woolworth, the highest profile high street retailer, more retail chains have come to the limelight of putting themselves into administration.

Woolworth has closed its 807 shops across the country, then followed by Adams, children wear chains, closing 111 stores, leaving 160 in operation. Then Zavvi, formerly Virgin media stores, close down several outlets leaving with 92 shops, which has a total of 125 stores originally.

In latest ACCA student magazine release, there are intense pressure on UK job market and economic. Several well-known companies in the UK, such as KPMG, Grant Thornton, Deloitte is seeking volunteers to go on four-days weeks or voluntary redundancies.

There's even discrepencies with the EU workers working in the UK. There's an italian oil refinery is Lics hasn't taken more locals to fill the positions. Ended, locals workers went on strikes with the wise words from Gordon Brown "British jobs for British citizens".

- - "We want fairness. We want the rights of our members to have the opportunity to be employed, not just on this job but on all jobs around the United Kingdom." - -



Whereas, great attention are putting on the east, where China, and Hong Kong are viewed as few bright spots amid the global economic gloom. Malaysia accountancy industry is prescripted better than before, as more Malaysian PLCs are switiching frm the traditional Big Four firms to mid-tier or class A audit practices affiliated with international firms because of the comparable services provided by the latter, reported by The Star.

So, to summaries the above facts, i would see myself back to malaysia earlier than expected.

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