Next owner, Simon Wolfson, yesterday told the Today programme that he thought the government's cut in VAT was wrong and they should have instead gone for an interest rate cut - as suggested by Plaid.
Robert Peston reports it thus:
"This reduction for a year in the VAT rate, from 17.5% to 15%, will cost £12bn. It's supposed to help groups like Next, Britain's second biggest fashion chain, by encouraging all of us to spend a bit more.
But Wolfson said that the expensive VAT reduction was a mistake, that it was a waste of taxpayers' money, and that the Treasury would have been far better to cut income taxes if it wanted to encourage spending."