BRITAIN-ECONOMY-INFLATION
Rising input costs have become a problem for retail businesses (Source: Getty)

Job losses in the retail sector have accelerated in the first quarter of 2017.

According to new figures from the British Retail Consortium, the number of full time jobs in the sector fell 3.9 per cent year-on-year last quarter.

The recent losses add to the estimated 84,000 jobs slashed in the final quarter of 2016, when the BRC’s figures showed the number of jobs fell by three per cent.

Read more: Trouble in store: More pain on the way for UK retail

The first three months of the year have been particularly tough for UK retail, with several high street names falling into administration. Brantano and several of Poundland’s 99p Stores entered into administration, while Jones the Bootmaker was saved from failure…