It has been forecast that one of the biggest employers in the United Kingdom , the retail sector, could experience the loss of approximately 900,000 jobs in the next 10 years.
Sir Charlie Mayfield, chairman of the British Retail Consortium (BRC) and head of the John Lewis Partnership, said that although retailers supported the introduction of higher pay, there would be an effect on employment.
The retail sector employs around three million people. Consequently this figure could be cut by almost a third in the next decade if forecasts are correct.
Source: BBC Business
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