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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.

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Oliver Twist

Next boss serves up some sober analysis of wage policy

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.