The supermarket giant said the help to retailers had been a “game-changer” and hugely important at the time. However, it added that its business had proven “resilient” and it had now decided to return the money in full.
“We will work with the UK government and devolved administrations on the best means of doing that,” it said. Business rates relief was extended to all retailers as part of a package of measures announced in March.At that time, there was “a real and immediate risk to the ability of supermarkets to feed the nation”, Tesco said.
“We are immensely grateful for the financial and policy support provided to us by the governments of the UK. This was a game-changer and allowed us to ensure customers got access to the essentials they needed,” it added. BBC
