Nearly 15,000 British retail jobs have already been cut since January in a “brutal start to the year” for the high street.
Read the full article on The Guardian website
NAM Implications:
- And not even at the end of the beginning, as yet…
- ‘Business rates relief means that new bills will be discounted by 75% for the tax year from April 2023 to the end of March 2024’
- …sounds good from a political POV…
- …but boils down to 10% for large chains.
- Making it necessary for the mults to resort to cutting labour costs as the only way…
