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Next boss serves up some sober analysis of wage policy

Oliver Twist

The CBI, working itself up into a fine fury, tells us the new national living wage will have a “dramatic impact” on corporate profits. Not at Next, it won’t, assuming the company’s chief executive, Lord Wolfson, has got his calculations correct, which is usually a safe bet.

Is Yahoo's core business really worth $0?

Yahoo Header

Will Yahoo get hammered by the IRS, or is its core business worthless? Based on a simple analysis of the company, at least one of these unattractive assumptions is currently held by investors.