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“At the same time, I had quite a lot of personal stuff going on,” he said. The Poole branch had been performing poorly, he said. “We made some changes at the beginning of this year. Those had a marked effect. We managed to get quite a dramatic turnaround in sales and efficiency, but due to the combined effect of all the various circumstances, we made the decision part way through April to close the branch and lay off the staff that were there in order to dramatically reduce overheads,” he added. He said the snap general election would cause further uncertainty. “That will have the result of snapping wallets and purses closed. That has an immediate effect and it will take quite a long time to work back through the system and come out the other end,” he said.
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