Sep 13, 2018

John Lewis boss rejects Dominic Raab Brexit jibe

The boss of John Lewis has hit out at Brexit secretary Dominic Raab after he said companies should not blame Brexit for poor results. Dominic Raab told the BBC on Thursday it was a mistake for "Business that aren't doing so well to blame Brexit". Mr Raab's comments appear to have been in response to Sir Charlie's warning in John Lewis's half-year results that "With the level of uncertainty facing consumers and the economy, in part due to ongoing Brexit negotiations, forecasting is particularly difficult". Mr Raab also said the government was preparing for a no-deal Brexit despite being confident that eventuality would not come to pass: "Getting a deal with the European Union is still by far and away the most likely outcome." A new raft of technical papers is being released by the government on Thursday outlining the impact of a no-deal Brexit on business and consumers.

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