| Topic: | Re:Re:Re:Re:Re. Government fails. Job losses for 2025 | |
| Posted by: | Steve Taylor | |
| Date/Time: | 29/12/24 11:30:00 |
“ Altus forecasts have predicted the change will save the Treasury money but cost the retail sector an extra £688 million. The British Retail Consortium has also predicted that an increase in employer national insurance contributions and a reduction in the threshold at which firms start paying will create a £2.3 billion bill for the sector. Professor Bamfield warned of a bleak outlook for 2025, predicting that as many as 202,000 jobs could be lost in the sector. “By increasing both the costs of running stores and the costs on each consumer’s household it is highly likely that we will see retail job losses eclipse the height of the pandemic in 2020.”” |