Both hardware chains started reopening branches from late April, although shoppers could previously still order online.
The total sum Kingfisher will return amounts to £130million, including £1million from the Republic of Ireland and the rest from the UK government., Sainsbury's will hand back around £440million, and Morrisons will return £274million. Thierry Garnier, chief executive officer at Kingfisher, said: "Government support through this crisis has been invaluable for many companies, including ours.
So many often chose to bash the corporate sector hope they recognise many have made the right gesture repaying this public money
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B&Q owner Kingfisher to repay £130m of Covid business rates reliefRetailer joins Tesco, Morrisons, Sainsbury’s, Asda, Aldi, Lidl and others in returning funds 👏 All the shops that stayed open and made profits should pay it back. Why doesn't the Guardian do a name and shame the greedy ones who took the money, not going to pay it back. Why should they get this money? We have small businesses about to go under and get no help at all.
Source: The Guardian - 🏆 84. / 53 Read more »
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Source: The Guardian - 🏆 84. / 53 Read more »