Halfords, the car parts and bicycles chain, is to make staff redundant at its head office and in stores as it becomes the latest retailer to cut jobs.

David Wild, the former Tesco and Wal-Mart executive, became chief executive in August and last month announced a programme of cost cutting. Some 50 jobs will be lost at head office - about 1 in 14 - while 250 jobs will be cut from stores.