Should Woolworths have been saved?

November 30, 2008 · Filed Under Economy, Unemployment · Comment 

It’s a sad day indeed when a towering high street brand such as Woolworths goes into administration.
The problem was not a declining business model as much as the inability of the company to service its debts.
When the government has done everything it can to infuse a huge amount of money into UK banks, it remains [...]