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M&S says won't return pandemic business rates relief to UK government

LONDON, Dec 2 (Reuters) - British retailer Marks & Spencer said on Wednesday it had no plans to return to the government business rates relief it has received during the COVID-19 pandemic.

Earlier, Tesco, Britain’s biggest retailer said it would return the 585 million pounds ($780 million)it has claimed, putting pressure on rivals to do the same.

“We are very grateful for the much-needed support government has provided to businesses impacted by the pandemic – including ours,” said an M&S spokeswoman.

“It has enabled us to support our colleagues and our suppliers, whilst continuing to serve our customers in what have been incredibly challenging circumstances.” ($1 = 0.7502 pounds) (Reporting by James Davey; editing by Michael Holden)

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