Chinese takeaway to close this month after 20 years

New Dragon House in Black Bourton Road, Carterton, blamed an “economic downturn” on the demise.

Its final day will be Saturday, June 20.

A statement from the business owners on Monday morning said: “It is with great sadness that I write to inform you that, after 20 years of trading, our business will be closing.

“Our final day of trading will be Saturday, June 20. Unfortunately, the recent economic downturn has made it increasingly difficult for us to continue operating.

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“Serving the Carterton community and the surrounding areas has been an absolute privilege.

“Over the years, we have had the pleasure of meeting so many wonderful people, and we are truly grateful for your loyal support and custom.

“I would like to thank all the staff present and past.

“On behalf of the entire team, thank you sincerely for being part of our journey. We wish you all continued health and happiness in the future.”

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— Oxford Mail (@TheOxfordMail) May 27, 2026

Many independent takeaways across the UK are facing collapse due to rising energy bills, surging ingredient costs, and increased tax and employment burdens.

There are a raft of “zombie” companies, which have struggled along for years, but may be forced into collapse in the year ahead, according to a report from Begbies Traynor.

Julie Palmer, partner at the business firm, said: “We see a new catalyst in 2026 that could push some over the edge, as HM Revenue and Customs starts to call in some of the £27 billion in overdue corporation tax, PAYE and VAT following the pandemic.”