As Christmas approaches, a Manchester city centre business says it has been left fearing for the future after scaffolding went up outside their historic building. This week, the owners of the Grade I-listed Royal Exchange, on Exchange Street, told shop owners a series of significant external repair requirements are in need of urgent attention.

A letter explained the full works were expected to take around eight weeks to complete. But businesses say they are now concerned they will struggle to survive until the end of the year.

Work began on the Old Bank Street side of the building this week, and will implement one elevation at a time. It will see scaffolding covering the ground level of the affected area up to the Exchange floor, with property management saying it would not cover the f

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