Jackson's of Reading
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Jackson's of Reading set to close after 137 years trading

9 October 2012 Last updated at 20:08 BST

A department store founded in Reading in 1875 is facing closure because of the cost of maintaining the building and a drop in trade.

Jackson's has been trading for 137 years and still uses pneumatic pipes to transport cash around the building.

Managing director Brian Carter said retail had changed significantly and the store now had to cope with competition from the internet and large centres like the Oracle.

The 60 staff employed by Jackson's will now have to wait to see if the economic situation improves to save it from closure.