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Gloucestershire Business News

Travis Perkins to return government funds

Travis Perkins is set to return business rates relief and job retention scheme money for its Wickes and Toolstation stores.

The company, which has both Wickes and Toolstation stores in Cheltenham, Gloucester and Cirencester, said it continued to see strong demand in the DIY market throughout periods of lockdowns and restrictions, as reported by Reuters.

The repayment of government assistance totals £50 million.

Sale across the company have continued to rise, with like-for-like sales up 8.6 per cent in October and November.

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