UK retail industry could lose close to 1 million jobs by 2025

The UK retail industry is expected to say goodbye close to 1 million jobs by 2025, according to a new report from the British Retail Consortium. As the retail sector is predicted to shrink over the next decade, the BRC predicts that up to 900,000 jobs will be cut in addition to thousand of store closures. But not all is dire, as the industry body believes that the remaining roles will be "more productive and higher earning."