business

Co-op under attack for keeping business rates relief

The Co-operative Team has appear beneath assault from grocery store rivals for its selection to keep £66m of business charges aid it received throughout the pandemic even with publishing a leap in gains and paying out executive bonuses.

The mutual, which usually takes pleasure in its “genuinely moral investing” qualifications, will award bonuses to senior professionals.

A single top rated supermarket executive said they had been “flabbergasted” by Co-op’s selection to not repay the funds and accused the retailer of “nuclear-run hypocrisy”.

They added: “From a company that has expended the last decade thrusting their values down anyone’s throat and getting the moral large ground, to glimpse their customers square in the eye and say ‘you can whistle for your dollars back’ and ‘no, it does not contradict our values’, it can be nuclear-run, ocean-going hypocrisy.”

The main executive of a further retailer that returned the charges relief said: “It

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