19/04/2023
19/04/2023
In economics news, bisexual business expert Mary Portas has written to the head of the John Lewis Partnership to ask them to keep their unique partnership model. Reuters says that Portas has written an open letter to the John Lewis Partnership accusing the group of losing its soul for considering a change to its longstanding model of employee ownership. The partnership, which owns John Lewis department stores and the upmarket Waitrose supermarket chain, has confirmed it was considering selling a minority stake in the business to outside investors to fund investment.