NI impact | Next to rely on self-service tills & 'natural turnover' to offset £67m wage bill increase, CEO reveals

Next’s CEO has revealed plans to offset an expected £67million increase in wage costs following national insurance tax increases, including self-service tills and a reduction in hiring.

Speaking to Retail Gazette, chief executive Simon Wolfson said the business will exploit numerous “small improvements and operating efficiencies” to offset the increased wage bill.