John Lewis Chief Nish Kankiwala Criticizes UK Budget's Impact on Retailers
Nish Kankiwala, outgoing chief of John Lewis, criticized the UK Budget for burdening retailers with higher costs, including a 1.2% increase in employer National Insurance contributions. He called for reforms in business rates to address disparities between high street and online retailers. Despite facing significant challenges, Kankiwala assured that John Lewis would strive to avoid price hikes for customers