70,000 retail jobs lost in 2018, says trade body BRC

By: Sebastian McCarthy

January 24, 2019

Panic over further troubles on the high street has been underlined this morning, with new figures showing that some 70,000 retail jobs were lost last year.

A retail employment monitor out today from the British Retail Consortium (BRC) has found that the total number of jobs was down 2.2 per cent in the fourth quarter of 2018 when compared with the same period in the previous year, as Christmas trading failed to boost the fortunes for many of Britain’s retailers.

Meanwhile, full time hours dipped by 2.9 per cent compared with the previous year.