Travis Perkins to return £50m government covid support and settles £100m VAT bill

By Dave Rogers2020-12-16T08:04:00

Firm said like-for-like sales up in third quarter

Travis Perkins has said it will return £50m in government support it received during the covid-19 pandemic, adding that it had settled a deferred VAT bill of £100m earlier this month.

The building materials specialist, which earlier this year said it was laying off 2,500 people and closing 165 branches because of the crisis, said its Wickes and Toolstation businesses will return business rates relief as well as money from the Coronavirus Job Retention Scheme.

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