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Economy

Almost 650,000 UK retail jobs lost since 2017

Online retailing grew the fastest in the UK, when compared to other countries and sales on Londonโ€™s Oxford Street fell from the usual ยฃ10bn per annum to ยฃ2bn in 2020

Almost 650,000 jobs have been lost in the UKโ€™s retail sector over the past five years, according to new figures from a study conducted by the Centre for Retail Research.

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