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UK retailers may have to cut thousands of jobs after bleak Christmas

www.theguardian.com 07-01-2025 12:01 1 Minutes reading

British Retail Consortium figures show sales growth close to flatlining, as card spending fails to rise

Britain’s largest retailers are warning they could be forced to cut thousands of jobs this year as the industry braces for higher taxes and employment costs after a bleak Christmas shopping season.

In the latest sign of tough trading conditions on the high street, figures from the British Retail Consortium (BRC) show sales growth over the “golden quarter” between October and December came close to flatlining.

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Meta is shifting to the right, following the prevailing political winds blowing through the United States. A more partisan era now looms for the social media giant and its corporate leaders, though Mark Zuckerberg himself has few personal politics other than ambition.

On Tuesday morning, Meta disbanded Facebook and Instagram’s third-party factchecking program. The company will also recommend more political content across its social networks.

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