National Living Wage

NI increase will force retailers to raise prices, BRC warns

The British Retail Consortium (BRC) has warned that the National Insurance Increase, set to come into place this April, will…

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BRC warns of 2025 headwinds despite lower Xmas inflation

Consumers benefited from lower inflation for the week to 7 December 2024, according to the latest BRC-Nielsen IQ Shop Price…

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Bestway Retail removes fuel levy charge for Costcutter stores

Bestway Retail has announced the removal of the fuel levy charge, previously at £3.66 per delivery, for all mainland Costcutter…

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BRC warns of 2025 falling sales volume despite December sales growth

The British Retail Consortium (BRC) has warned of possible falling sales volume in 2025 despite the modest increase in total…

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Retail loses 225,000 jobs in five years

The retail industry has lost 225,000 jobs in the last five years, according to data from the Office for National…

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Currys HY losses narrow as it warns of price rises

Currys has posted a loss before tax of £10m for the half year ended 26 October 2024, up from £44m…

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John Lewis ‘worried’ about increase in National Minimum Wage

John Lewis has told the Telegraph that it is “worried” about the impact of Rachel Reeve’s decision to increase the…

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Retailers warn National Insurance increase could cause job losses

A number of large retailers have warned that the National Insurance increase could cause inflation and job losses, in a…

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Today’s news in brief-15/11/24

The UK economy stagnated in Q3 2024, with GDP rising just 0.1%, a sharp slowdown from 0.5% growth in Q2.…

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BRC warns chancellor Budget could cause inflation and job losses

The British Retail Consortium (BRC) has warned that the latest budget could cause inflation and job losses, in a draft…

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