Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Business rates blamed for fall in retail jobs

New research shows 79,000 jobs were lost from the retail sector between the first quarter of 2018 and the first quarter of 2019 – a drop of 2.5% year on year. 

Retail jobs experienced their fourth consecutive quarter of decline, data published by the Office for National Statistics shows. 

The trend is at odds with the wider job market, where 589,000 new positions were created in the same period – up 1.7% year on year.

However, retail remains the UK’s largest private employer, accounting for 9% of all jobs and counting over 3 million people on its payroll.

Kyle Monk, head of retail insight and analytics at the British Retail Consortium, called on the government to review business rates in light of the findings: “Sky high business rates have made it harder for shops to make much-needed investments in their physical and digital offerings.

”It is time for the government to act. Indeed, if they were as fast to act over the tens of thousands of retail jobs that have been lost in the last year as they are over smaller losses in manufacturing, then we might see a revival of our high streets and the communities they support.”

Readers' comments (1)

  • Why do the management never get blamed? The mismanagement of the retail sector has caused more lack of investment than the perpetual moans of business rates.

    Unsuitable or offensive? Report this comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.