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Retail

Next CEO Simon Wolfson calls for business rates to be slashed

Next CEO Lord Simon Wolfson has said business rates for high street retailers should be slashed by 35 percent and warned a vast number of stores could be forced to close if the government doesn’t take action. Speaking to the BBC, Wolfson said the current system was “unfair” to bricks and mortar retailers, whose property values have fallen...

19 Feb 2021