The British Retail Consortium has reported that more than half of high street stores will be making staff cuts this spring.
ITV Daybreak spoke to Fiona Wilson from the Union of Shop, Distributive and Allied Workers, she said: "We would expect to see some seasonal changes in the new year".
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His comments at the Defence and Security Forum on Monday came after a £20 billion black hole in the budget for the next decade emerged.
The Foreign Secretary said he thinks the health service should be "at the very top of the list" for a windfall after the UK leaves the EU.
Turning wet and breezy from the west overnight.