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Birmingham Post
Birmingham Post
Business
Tom Pegden

Next Plc suggests Government stimulate economy by cutting projects like HS2 and relaxing migration rules

High street giant Next Plc believes the Government could stimulate the weakened economy by cutting poor value projects such as HS2 and relaxing migration controls.

The business said high employment – compared the previous economic downturns – would also help the country fight its way through a looming recession, as would the solid state of household savings.

With the new Prime Minister and Chancellor stumbling from one economic crisis to the next and with inflation and interest rates rocketing, the fashion chain said sales were behind expectations last month but had picked up – possibly thanks to Government support for household energy bills.

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