Next CEO Lord Wolfson won't collect his £2.4 million bonus this year, opting instead to split the reward among the retailer's staff, with everyone who has worked there since June 2010 receiving a 1% bonus this July. "I remain very grateful for the way in which everyone has helped to navigate our business through this recession," he said.
A debate series in the New York Times focuses on whether changing
public opinion on marriage equality will be followed by changing
attitudes among the political leaders who often decide the issue.
Conservative columnist and former Reagan administration official Linda
Chavez says its hard to imagine anti-gay ballot measures will excite
the Republican base the way it did in 2004. Evan Wolfson, president of
Freedom to Marry, says polling shows clear majorities of independent
voters prefer candidates who back marriage equality.
Britain's retail sales jumped 2.1% in February compared with January, the largest monthly increase since May 2008. UK consumers increased spending on electrical items, auto fuel and other products. Simon Wolfson, CEO of Next, said consumers have emerged from the downturn "in relatively good shape".
Simon Wolfson, CEO at Next, said he expects consumer spending to take a hit this year after the UK general election as the new government will likely raise taxes. "One way or another the government's got to reduce spending or increase taxation over the next four years by a significant amount. My guess is that we'll see the hardest hit early," Wolfson said.