Compass said it was working closely with its clients to reopen sites, but conceded that “the picture across the world remains mixed”The world’s biggest caterer became the latest company to declare its intention to return furlough money to the government. Compass Group said it had withdrawn from the UK government’s coronavirus job retention scheme and decided to repay the £25 million its employees had received in the first half. SponsoredIt said it had not returned the furlough money received last year, which a company source said had been key to retaining its UK employees during the early months of the pandemic “when the business was in the thick of it”. Announcing first-half results, Compass cautioned this morning that although vaccination programmes were gathering pace across its core markets, any recovery in revenue would only be gradual. It said it remained confident about its prospects and it

Source: The Times May 12, 2021 07:52 UTC