Advertisement
Department Stores

John Lewis repays £300m to the Treasury early

The retailer was hit heavily by the impact of Covid-19 and store closures for several months, but now expects its full-year profit to be ahead of previous guidance

John Lewis has announced it has repaid £300m early to the Treasury and the Bank of England Covid Corporate Financing Facility, which was due for repayment on 15 March 2021.

Check out our free weekly podcast

Back to top button