Retail Job Losses in 2024

Retail Job Losses in 2024

10th Grade

8 Qs

quiz-placeholder

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Retail Job Losses in 2024

Retail Job Losses in 2024

Assessment

Quiz

Business

10th Grade

Hard

Created by

Hayley Terry

FREE Resource

8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many retail jobs were lost in 2024 according to the article?

55,914

169,395

200,000

170,000

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which major chains' collapse contributed to the retail job losses in 2024?

Homebase and Ted Baker

Carpetright and Altus Group

Sky News and Sky Bet

Lloyds Pharmacy and The Body Shop

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of retail job losses in 2024 resulted from the collapse of businesses?

41.9%

50%

33%

25%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected impact of the business rates discount change in 2025?

Increase in retail jobs

Decrease in national insurance contributions

Rise in bills for independent retailers

Increase in discounts for business rates

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is the director of the Centre for Retail Research mentioned in the article?

Alex Probyn

Professor Joshua Bamfield

Altus Group

Sky News

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the predicted number of retail job losses in 2025?

200,000

169,395

170,000

202,000

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the new business rates discount percentage starting from 1 April 2025?

50%

75%

40%

25%

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the predicted additional cost to the retail sector due to changes in business rates?

£110,000

£2.3bn

£688m

£5,024