Around 50 per cent of retailers will shed jobs in the first quarter of 2013, according to research by the British Retail Consortium.
Speaking to ITV Daybreak, Employment Minister Mark Hoban said that the overall employment figures are good, and that jobs are being created.
He added that the high street is changing and job descriptions will change too.
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Uplifting messages greeted commuters on the London Underground a day after the terror attack in Westminster.
Faith leaders from across London say religious communities will "stand together" in the wake of the Westminster terror attack.
Pc Keith Palmer was among the three people killed yesterday in the Westminster terror attack.