Currys has warned they will hire less staff, and they are facing an extra ยฃ32 million in wage costs amid the Chancellorโs Autumn Budget.
Currys has said it is โinevitableโ prices will soar as the Budget will increase employersโ national insurance contributions and the minimum wage from April.
Chief executive Alex Baldock said, โWhat weโre looking at, at the minute, is a period of reduced hiring.
โWhat we want to be able to do is employ more people.โ
Baldock has urged the government to think about phasing in the employers increases, this will help to ease cashflow to help soften the blow.
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