The tax policy in UK affects the cost of business of NEXT. There has been some recent rise in taxes in UK which has some impacts in the business. This is quite responsible for the ups and downs in the Next business. There are some economic aspects too that affect the NEXT clothing business. The company is widespread in many countries and they also operate online business. So, the company has to operate their business in many currencies. Changes in exchange rate affect the business. People in countries like Ireland do not want to pay the rate same as UK people because of their financial condition. Changes in interest rate also affect the cost of capital. People do not like to wear same type of clothes. So, trend in clothing affects the business of NEXT clothing. The rate of technological change affects the quality, cost. Environmental factors such as climate and weather change affects the productivity of business. More people can visit the stores if the weather is good and they can shop conveniently. There is recent pressure to go green to all the organizations worldwide. So, organizations are forced to eco-friendly products which force them to spend more money. Consumer law, discrimination law, employment law affects the businesses like how the business is operated, costs of products and demand for the products.