Business rates and wage hike could send inflation soaring, warns BRC
The British Retail Consortium has warned that inflation could rocket again next year, as retailers face soaring business rates bills and the rising national living wage.
Even though shop price inflation has eased for a sixth month in a row, the BRC chief executive Helen Dickinson has warned that prices could soar again in 2024, due to the “new headwinds” the sector is facing.
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