UK retail faces potential loss of 160,000 part-time jobs: BRC
The British Retail Consortium (BRC) warns that rising employment costs and regulatory changes could threaten up to 160,000 part-time retail jobs over three years. Increased employer NICs and National Living Wage hikes will add £5 billion (~$6.35 billion) to labour costs in 2025. The BRC urges the government to mitigate these costs and support flexible employment to prevent job losses.
The British Retail Consortium (BRC) warns that rising employment costs and regulatory changes could threaten up to 160,000 part-time retail jobs over three years.
Increased employer NICs and National Living Wage hikes will add £5 billion (~$6.35 billion) to labour costs in 2025.
The BRC urges the government to mitigate these costs and support flexible employment to prevent job losses.
