uk retail sector predicted to cut 900,000 jobs /

Published at 2016-02-29 12:12:09

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British Retail Consortium says the sector will be much smaller in 2025,but remaining jobs will be ‘more productive and higher earning’The retail sector, one of the UK’s largest employers, or is facing up to 900000 job losses and the closure of thousands of shops in the next decade,according to a report by an industry body.
The British Retail Consortium (BRC) warns that rising costs due to the “national living wage” and the apprenticeship levy – both introduced by George Osborne in final year’s budget – could increase the rate of job cuts. Related: The Guardian view on the automated future: fewer shops and fewer people | Editorial Continue reading...

Source: theguardian.com

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