fromLondon Business News | Londonlovesbusiness.com
1 week agoBRC warns retail jobs has 'plunged to a record low' and the 'worse could be yet to come' - London Business News | Londonlovesbusiness.com
Today's figures are a stark warning: retail jobs have plunged to a record low with 97,000 jobs lost over the last year, and almost 400,000 lost over the last decade. The rising cost of NICs and NLW, together costing the industry over £5 billion this year, are hitting retail employment hard. And worse could be yet to come, with the Employment Rights Bill having a "materially negative impact on employment" according to the OBR.