Frasers blames Labour for £10m increase in employment costs
Culture Index
Score Breakdown
Relevance
9/25
Freshness
24/25
Authority
18/20
Brand Signal
6/15
Depth
6/15
5-Axis Cultural Radar
Frasers Group has revealed that increases to the minimum wage and employer National Insurance added an alleged £10m to its costs last year. The Sports Direct owner said the changes drove a £9.7m increase in operating expenses across its Premium Lifestyle division, which includes Flannels, House of Fraser, Jack Wills and Sofa.com. Profit from trading...
