Old Mandy loves it. This must be the quote of the day from the old master:
Lord Mandelson, the Business Secretary, said last night that Woolworths’ fate provided a warning to other long-established high street names.
He said it was a “company that didn’t march forward with the times, didn’t change with the times in the way you need to in an increasingly competitive marketplace”.
Lord Mandelson said that many of the sacked staff would have a good chance of finding work elsewhere in the retail sector.
Nothing to do with Labour economic policy of course. It is the last para that is total rubbish. Sad but he is getting away with it.
Where is the Tory response?
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