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Big Business Abuses Coronavirus Relief

@peter_IFAMAG reads Twitter so you don’t have to.


Big UK companies seem to be abusing the government’s Coronavirus relief funds.

Journalist @Tabby_Kinder brought to light a meeting held between the UK’s largest accounting firms yesterday. KPMG, PWC, Deloitte and EY discussed paying partners millions despite furgloughing staff. This has brought together interesting comments over the last 24 hours.

@mikegalsworthy tweets simply “Don’t buy at @Tesco.” Galsworthy responds to the news Tesco has handed investors £900 million – even though the company enjoyed a £585 million business rates relief holiday.

This news comes as Tesco shares have been hit, along with the rest of the FTSE 100. As hopes of a Coronavirus slowdown are dashed.

@CityAm scoop reveals that small companies are the real losers in this current economic enviroment.


Let us know what your thoughts are on these tweets.

Tweet your responses to @peter_IFAMAG

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