IKEA’s UK managing director Peter Hogsted talks to The Times about his frustrations at the intricacies of the British planning system.
Hogsted says the planning system has played a major part in limiting the furniture store’s expansion here to four new outlets in six years.
Hogsted says the group has set aside £1bn for expansion in the UK but Hogsted is having difficulty spending it.
With regards to the system Hogsted says: “Our reality is totally opposed to what the government is trying to on town planning.”
References: The Times 07/10/06 page 69
