John Lewis, HSBC, H&M: Everything that matters this morning
John Lewis boss warns of jobs cuts and price rises
John Lewis managing director Paula Nickolds has warned of further job cuts and price rises as the department store feels the impact of “profoundly” changing consumer behaviour following the Brexit vote.
Nickolds, who is just three months into her role as MD, cited the falling value of the pound as having a “dramatic effect” on the costs of buying products across an international supply chain. These costs a
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