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The Latest Breaking News from Lord Wolfson

Starmer’s cost of living tsar calls for fuel duty cut to be extended in light of Iran war

Chancellor Rachel Reeves previously announced the 5p-per-litre cut in fuel duty would only be extended until the end of August

The Independent UK

Next warns shoppers of higher prices if Iran conflict drags on till summer

Next’s UK sales have been “encouraging” so far this year and strong overseas “up to the point the conflict began in the Middle East.”

Evening Standard

Relative of murdered rabbi stresses need to look at ‘root causes’ of antisemitic violence

Tory peer Lord Wolfson asked how the government will counter ‘extremist ideologies’ which are driving antisemitic violence

The Independent UK

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Prisons minister defends £500 payoff to migrant sex offender with golf analogy

Lord Timpson tells Parliament ‘if someone wants to give you a putt, you take it’ as he faces questions over a ‘slush fund’.

Evening Standard

ECHR ‘no longer fit for purpose’, says Scottish Tory leader

Russell Findlay has backed the Conservatives’ proposal to leave the ECHR if they win the next election.

Evening Standard

Badenoch expected to back ditching human rights convention after review

Exclusive: The Independent has seen draft conclusions for Lord Wolfson’s report to the Tory leader giving the basis for leaving the European Convention on Human Rights

The Independent UK

Next boss warns over ‘anaemic’ growth and hit to jobs market from tax hike

The retail giant stuck to full-year forecasts but cautioned that UK sales growth will pull back sharply in coming months.

Evening Standard

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UK faces years of anaemic growth amid tax and regulation burden, says Next

Retailer says economic outlook clouded by fall in job opportunities and government overspending

The Guardian - UK

Next boss Simon Wolfson warns on "anaemic" growth outlook for UK economy

Lord Wolfson said the medium to long term outlook for the UK “does not look favourable”

Evening Standard

Downing Street ‘welcomes’ ECHR debate as Badenoch launches exit probe

A Number 10 spokesman said it was ‘important’ there were discussions about how the convention operated.

Evening Standard

Next joins the elite £1 billion profit a year club but warns of 'risks to the economy'

High street chain become only the fourth British retailer to pass a milestone that boss Lord Wolfson plays down as “not important”

Evening Standard

Entry-level jobs could become scarce due to National Insurance bill, warns Next boss

A rise in minimum wage as well as National Insurance has put retailers on alert to lift prices this year

The Independent UK

Next boss issues warning on the impact on jobs of NI changes

the Next boss said the Government should stagger the introduction of the NI changes rather than introduce them in one hit in April

Evening Standard

Next set to join the £1 billion profit club after strong trading

A chilly start to the Autumn has pushed sales growth well ahead of last year

Evening Standard

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The Guardian - UK

Next’s success contains hard lessons for John Lewis

John Lewis’s reaction to the rise in online shopping came late

Birmingham Post

Next share price jumps after positive Christmas trading despite warnings 2023 will be tough

Market analysts say “under-promising and over-delivering” has become a Next hallmark

Wales Online

Deliveroo takes on supermarket giants by opening New Oxford Street London store - the first in the UK

Deliveroo promises its customers a 'new way to shop' and aims to fulfil rapid delivery by pledging to 'deliver in as little as 20 minutes'. This option would mean customers can avoid the dreaded queue.

Birmingham Post

‘If Next is struggling, you can be sure the retail sector is in a real fix’ – experts react to retailer's latest results

High street giant said despite a good start to 2022 it was cutting its profit forecast for the full year

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Wales Online

Executive pay in spotlight again as Next boss takes home £4.4m

Retailer that received government help during pandemic awards CEO massive bonus

The Independent UK

Blow to Boris Johnson as justice minister quits over his failure to resign after Covid fine

Two Tory MPs break ranks to call on prime minister to go

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