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13000 Scottish retail jobs lost between 2016, 2018: SRC

Fibre2Fashion Toggle navigation 06 Pic: Shutterstock Around 13,000 Scottish retail jobs were lost between 2016 and 2018, according to a new report called ‘Road to Retail Recovery’ by the Scottish Retail Consortium (SRC), which found that £3.48 billion in annual turnover was lost from the industry between 2014 and 2018. These figures are likely to ‘severely worsen’ when the full account of 2020 is reported. To tackle the decline in traditional retail, SRC recommended the Scottish government ahead of the Scottish parliament election scheduled for May 6 for a policy moratorium for one year after the suppression of the COVID-19 virus to ‘allow businesses to recover’, an organisation press release said.

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