Mike Ashley wants tax on retailers with online sales of more than 20%
High streets as we think about them are already dead, Sports Direct CEO tells MPs
Mike Ashley, the founder and chief executive of Sports Direct, has called for a tax on retailers that make more than a fifth of sales online as he said many high streets were “already dead” and more would be killed off without government intervention.
In a sometimes bad-tempered appearance before MPs who are investigating how to support the future of the high street, Ashley said the only way to keep physical stores trading was by helping – or forcing – retailers to do so.
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Author: Sarah Butler