U.K.’s high streets have been hit with the hardest times in a quarter of a century with the closure of 16,000 stores this year and 140,000 jobs lost, according to reports. According to a study by the Center for Retail Research (CRR), More than 2,750 jobs were lost every week about 61 every working day. The study also said that without further government intervention, job losses in retail could hit 171,000 next year.