The high street fashion retailer Next said there was no evidence that uncertainty surrounding Brexit was affecting consumer behaviour in the retail sector as it reported full-year results in line with expectations. Lord Wolfson of Aspley Guise, 51, the chief executive of Next and a supporter of Britain leaving Europe, also said that customers could benefit if Britain left the EU without a deal because tariffs would be cut by between £12 million and £15 million. He said that Next would pass any savings on to customers. Lord Wolfson said that the company felt that there was a “level of fatigue” around Brexit that “leaves consumers numb to the daily swings in the political debate”. He said: “It appears to us that consumer behaviour (in
The CEO of high - street fashion retailer Next has said UK consumer habits have not changed because of uncertainty about leaving the EU . Brexit - supporter Lord Sugar dismissed the claim as the firm reported profits of £ 722.9 m ( $ 949 m ) in the year to the end of January , only a 5 % YoY reduction and in line with expectations , while total group sales reached £ ##500 . Wolfson stated that leaving the bloc without a referendum could benefit customers as tariffs would be reduced by £ 12 m to £ 15 m , and that consumer demand would only be reduced if Brexit affects employment , prices or earnings .