Retailers fear rising employment costs are putting jobs at risk

Houses of Parliament

Retail chief financial officers and finance directors are becoming increasingly anxious about the effect on jobs of rising labour costs over the next 12 months.

A survey of chief financial officers and finance directors by the British Retail Consortium found that 69% are ā€œpessimistic or very pessimisticā€ about the next 12 months, compared to just 14% who said they were optimistic.

 

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