Data: Shoppers fear Labour budget will trigger retail job cuts and price hikes

Shoppers across the UK are expressing growing concerns over the impact of the government’s recent Budget, with many fearing job losses and price increases in the retail sector.
New research by the Retail Technology Show (RTS) found 62% of consumers worry that rising labour costs, triggered by National Insurance and National Minimum Wage hikes, will lead to fewer staff in stores.
A significant portion of respondents (67%) also anticipate that these cost pressures will result in fewer employ