Sunday, 25 June 2017

Next boss Lord Wolfson calls for 'smooth' Brexit

Lord Wolfson, chief executive of Next, has warned that failing to secure a "smooth" departure from the EU could result in "years of economic decline" for the UK.

The retail boss, who voted in favour of Brexit, said he still believed it would boost trade and the British economy.

But he also warned that it could cause high unemployment if managed badly.

To avoid that, he called for an "orderly transition" when the UK leaves the EU single market and customs union.

"We can't go careering along hell for leather. There is a huge amount of complex work to be done," he wrote in the Mail on Sunday.

BBC     News.

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