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Retailers unite to warn Treasury on 'perfect storm' of costs

Summary by City AM

A heavyweight group of retailers has warned the Treasury that hundreds of thousands of jobs are at risk in the retail sector due to unsustainable cost hikes this year. It’s the latest in a long string of warnings from the retail sector, which has been vocal about the coming damage to jobs and investment on the British high street. The Retail Jobs Alliance (RJA), which includes Tesco, Marks & Spencer and B&Q-owner Kingfisher, warned that retailer…

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London Loves Business

Retailers warn the Chancellor’s Budget will lead to tens of thousands of ‘job losses’ - London Business News

Retailers are warning that over the next three years some 300,000 retail workers will lose their jobs as result of the “choices Labour have made.” A campaign group called the… The post Retailers warn the Chancellor’s Budget will lead to tens of thousands of ‘job losses’ appeared first on London Business News

13 days ago

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kamcity.com

Retailers Face ‘Perfect Storm Of Additional Costs’ Due To Budget With 300,000 Jobs Set To Go By 2028

The Chancellor has been warned that retailers face a ‘perfect storm of additional costs’ due to the Budget, with 300,000 jobs set to go by 2028. Seven of Britain’s biggest chains have united to tell Rachel Reeves her tax hikes (more…) The post Retailers Face ‘Perfect Storm Of Additional Costs’ Due To Budget With 300,000 Jobs Set To Go By 2028 appeared first on KamCity.

13 days ago

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Techregister

Retailers unite to warn Treasury on 'perfect storm' of costs - Techregister

Tuesday 11 February 2025 12:01 am | Updated: Monday 10 February 2025 7:05 pm Share Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp Email Share on Email Thousands of businesses face a huge rise in bills this year A heavyweight group of retailers has warned the Treasury that hundreds of thousa…

13 days ago

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City AM

Retailers unite to warn Treasury on 'perfect storm' of costs

13 days ago·London, United Kingdom

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Family Business United

Food Industry Warns Treasury Of Risks To Supply Chains

The food manufacturing industry, which contributes £162 billion to the economy and supports over 4.5 million jobs, has joined forces like never before to urge the Treasury to rethink changes to inheritance tax announced at the Budget. Led by the NFU, a letter from the food supply chain, which includes all major supermarket retailers, has voiced concerns about the government’s plan to scrap Agricultural Property Relief (APR) and Business Property…

14 days ago

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