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Next issues scathing attack on UK economy as it reports tens of millions in profit growth
The chief executive of Next has issued a scathing critique of the UK economy as the company posted strong sales and tens of millions in profit growth.
Next's CEO, the Conservative life peer Lord Wolfson, said the high street chain has reason "to be cautious" and "at best" expects "anaemic" economic growth. Money blog: cost of visiting popular tourist destination rising Economic expansion is being held back by "declining job opportunities, new regulation that erodes competitiveness, government spending commitments that are beyond its means, and a rising tax burden that undermines national productivity.
Amir Nisi
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