Following the news that Laura Ashley plans to close 40 UK stores Euro MP Alex Mayer said.
“A big question mark now looms over stores across the East of England. This is terrible uncertainty for staff especially in the run up to Christmas.”
Earlier this year Laura Ashley issued a profit warning citing the Brexit-hit pound as one of its key challenges.
Alex Mayer continued: “In these insecure economic times, our high streets are feeling the pain.”