Coronavirus: Next’s Wolfson urges government to act to support jobs

Next boss Lord Wolfson believes income support is necessary during the coronavirus crisis

Next chief executive Lord Wolfson has called on the government to introduce income support measures as employment is threatened by the coronavirus outbreak.

Wolfson welcomed the government’s financial programme so far in response to the pandemic, which includes a 12-month deferral of business rates for industries including retail.

However, he believed urgent action was needed to underpin income as downturns in sectors such as aviation and hotels, as well the need for people to self-isolate, bring the prospect of large-scale job losses and loss of earnings.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading

Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Three free articles a month on Retail-Week.com
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.