By John Glenday

The potential scale of an impending contraction in the UK retail sector has been laid bare for the first time by the British Retail Consortium after it bluntly predicted the loss of up to 900,000 jobs and 74,000 stores.

The pessimistic forecast has been penned in the wake of a series of convergent factors all conspiring to hit retailers bottom line such as the National Living Wage and apprenticeship levy, flagship policies announced by chancellor George Osborne last year.

What’s more many of these losses are expected to be felt in economically disadvantaged areas in Wales and the north of England where Read full story ›

Source: The Drum