Outgoing John Lewis Boss Warns Against Budget Tax Raid on High Street

John Lewis boss warns that parents fear children robbed of job opportunities will never leave home

Peter Ruis said a hike in business rates in next month's Budget would hammer the High Street and wider economy.

Outgoing John Lewis boss warns against Budget tax raid on High Street

Peter Ruis said a hike in business rates in next month's Budget would hammer the High Street and wider economy.

Outgoing John Lewis MD: UK economy facing a ‘permacrisis’

Peter Ruis, who is due to step down as managing director of John Lewis this month, has said that British businesses are facing a “permacrisis externally [which] isn’t going to go away”. Ruis urged the government not to hike business rates on large retailers, warning that the rumoured tax rise would be “terrible” for the...

Rates reform will 'change the economy', says outgoing John Lewis MD Peter Ruis

Drapers Rates reform will ‘change the economy’, says outgoing John Lewis MD Peter Ruis Outgoing John Lewis Partnership managing director Peter Ruis has called on the government to announce a reform of business rates as part of this year's Autumn Budget (28 October), saying it could "change the economy and employment".