Next boss warns first jobs to become harder to find

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The story "Next boss warns first jobs to become harder to find" was covered 1 days ago by BBC Business, a news publisher based in United Kingdom.

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Next boss warns first jobs to become harder to find - BBC Business

Quick Summary:

Job prospects for younger workers are likely to be hit by Budget measures, Lord Wolfson tells the BBC.

Next's wage bill is set to rise by £70m, and Lord Wolfson said this would lead to a cut in the number of employee hours worked – either through fewer workers or fewer hours per employee.

Earlier this month, the British Chambers of Commerce said confidence had "slumped", with more than half of companies planning to raise prices in the next three months in the face of a "pressure cooker of rising costs and taxes".