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John Lewis’s White Says Inflation Hitting Harder Than Covid

  • Current UK conditions have taken the UK ‘back to the 1970s’
  • Comments come as Barclaycard sees decline in pace of spending
Sharon White

Sharon White

Photographer: Jason Alden/Bloomberg 

Soaring inflation may be having a bigger impact on John Lewis Partnership Plc, a bellwether for British retail, than even the pandemic did, its chairman said.

“The context in which we find ourselves takes us back to the 1970s,” said Dame Sharon White in an interview at Bloomberg’s Equality Summit on Tuesday. A former Treasury official who also ran Britain’s media regulator, White has led John Lewis since early 2020.