Lord Rose, the former head of M&S, said consumers were starting to feel the effects of the Brexit vote Richard Pohle/The TimesThe businessman who launched the campaign to keep Britain in the EU said that retailers’ claims that they weren’t putting up prices after Brexit was a myth. “Inflation is coming,” Lord Rose, the former chief executive of Marks & Spencer, said today, adding that the economy was likely to be hit by declining business investment and consumer confidence. The Tory peer claimed not to have regretted his role in Stronger In, despite being hastily withdrawn from the campaign’s front line after saying wages would rise after Brexit, to the glee of his referendum opponents. “It was a difficult time for me, but it only reminded me of one thing for the future, and that is that you should stick to what you know,” he said,…

Source: The Times March 10, 2017 11:59 UTC