Author: News Desk

A New year’s Budget blow for Prime Minister Keir Starmer as retailers have issued a warning of the impact of the budget with price hikes and job cuts. Retailers will be particularly hard hit by chancellor Rachel Reeves’s planned hike to employers’ national insurance. Retailers warn of price hikes and job cuts The British Retail Consortium and global accounting firm KPMG said costs are projected to eclipse sales growth this year, forcing traders to pass higher prices onto consumers. BRC chief executive Helen Dickinson said the crucial quarter between October and the end of December had “failed to give 2024 the send-off retailers…

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