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Evening Standard
Evening Standard
Business
Holly Williams

Currys warns it will hire fewer staff due to Budget cost hit

Electricals retailer Currys has cautioned it will have to hire fewer staff due to the cost hit from Budget measures as it looks to offset a soaring wage bill (PA) - (PA Media)

Electricals retailer Currys has cautioned it will have to hire fewer staff due to the cost hit from Budget measures as it looks to offset a soaring wage bill.

Chief executive Alex Baldock said the group does not plan to cut jobs among its 28,000-strong workforce, but is set to cut back on hiring as it faces an extra £32 million in wage costs after recent Budget moves to hike national insurance and the minimum wage.

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