Liverpool One and the recession

I’d suggest that Liverpool watchers should start turning their eyes toward the hallowed gates of Liverpool One over the next few weeks.

It’s the time of the year when commercial rents are due and bets are being taken on which high-street names are likely to go to the big white-washed window in the sky.

For some reason that escapes me, commercial landlords collect payments at quarterly intervals, meaning colossal outgoing for tenants every three months.

Pair that to poor trading conditions, and the fact that the post-Christmas lull is a traditionally-slow one, and you’re going to get casualties.