‘The Tories put the economy in a coma and Labour have turned the machine off’, says Frasers Group CFO
The chief financial officer of Sports Direct owner Frasers Group blamed the lack of consumer confidence in the run up to Christmas on the recent Labour Budget, which has “attacked a sector” in need of help.
Speaking to Retail Week this morning following the retail giant’s half year results, chief financial officer Chris Wootton said his educated guess is that weakened consumer sentiment comes as a result of “the doom and gloom” around the Budget.
Already have an account? Sign in here