Sports Direct founder Mike Ashley attacks Burnham's 'populist' High Street plans
In a letter, the entrepreneur accuses the prime minister of "jumping on 'everyday fixes' or bandwagons" with his latest cost of living and retail policies.
Sports Direct founder Mike Ashley has harshly criticized Prime Minister Andy Burnham's cost of living and retail policies, labeling them as populist. Ashley accused Burnham of jumping on bandwagons while businesses struggle with business rates policies and higher employment costs. He also called a proposal to increase business rates on large warehouses as delusional.
The Downing Street spokesperson stated that Burnham aims to build a new economy that backs British businesses and ensures essentials are affordable. Ashley's Frasers Group, which owns multiple retail brands, has been struggling with high theft costs. He urges Burnham to address the disastrous business rates situation and increasing employment costs in his upcoming Budget.
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