The Autumn Budget has introduced a wave of changes with significant implications for the retail industry, our communities, and the wider economy. As the UK’s largest private-sector employer, retail plays a critical role in sustaining over 5.7 million jobs and contributing more than £100 billion annually to GDP.
However, the cumulative burden of rising costs threatens not only our ability to keep prices low for customers but also will impact jobs, investment and communities across the country.
However, the cumulative burden of rising costs threatens not only our ability to keep prices low for customers but also will impact jobs, investment and communities across the country.
Through our campaign, we aim to highlight the key challenges faced by retailers in the wake of the Budget, explain their economic consequences, and propose practical solutions to mitigate their impact.
Dive into the resources below to learn more.
Go to the campaign hub
In the Headlines
- Britain's High Street is on it's last leg - The Telegraph
- Economy likely to shrink as Budget Gloom Spreads - The Times
- We need business rates reform soon to save the high street, say bosses - The Times
- Rachel Reeves budget will cost Britain '100,000 jobs' - The Telegraph
- NICs rise will cause businesses to close - The Guardian