John Lewis warns of no-deal Brexit impact

Retail chain says it would be unable to offset effects of no deal as it posts first-ever half-year lossJohn Lewis has warned that a no-deal Brexit would have a significant impact on its business as it slumped to its first-ever half-year loss.The group, which owns Waitrose as well as the John Lewis department stores, dived £25.9m into the red in the six months to 27 July after making an underlying pretax profit of £0.8m in the same period a year before. Continue reading...