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British Retailers Cut Jobs At Fastest Rate Since 2008
Job cuts due to technological change, rising employment costs, says BRC British retailers employed 3.0% fewer staff in third quarter, it adds British Retail Consortium represents major retailers
26 Oct 2017, 07:58 AM IST 
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Retail accounts for just under 10% of jobs in Britain
London: British retailers cut jobs over the past three months at the fastest rate since comparable records began in 2008, due to technological change and rising employment costs, the British Retail Consortium said on Thursday. The BRC, which represents major retailers, said its members employed 3.0 per cent fewer staff in the third quarter of this year than during the same time in 2016, and total hours worked fell by 4.2 per cent yea...
