The Co-operative Group has taken the controversial step of paying bonuses to top management despite hanging on to £66m of emergency support from the taxpayer.
Read the full article on The Guardian website
NAM Implications:
- As always, the bonus issue will be consumer-assessed in terms of perception…
- …rather than published rationale.
- With feet-voting the only demonstration of true feeling.
- A significant opportunity for retailers that gained the high ground…
- …via spontaneous refunding of taxpayer support.
