Retail sheds 225,000 jobs in five years with Budget heaping on further pain

Closed stores on high street

The sector shed over 225,000 jobs over the last half a decade, with the Budget set to heap further pain on retailers, warns the British Retail Consortium (BRC).

Based on the most recent stats from the Office for National Statistics for September 2024, the BRC said that retail had lost 40,000 jobs in the last 12 months and nearly a quarter of a million jobs since 2019.

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Get premium access

£5 A MONTH for 3 months

Subscribe now