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 . He said that Next would pass any savings on to customers. 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 .
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 .