Co-op hopes to raise £30m for people hit by Covid-19 lockdown

The Co-op hopes to raise £30m to help those hardest hit by the coronavirus lockdown by allowing members to donate their unspent shopping reward points to a new support fund which will also draw on the chief executive’s salary.

The food retailer estimates that its 4.6 million members have built up points worth £30m by earning a reward of 5% every time they buy a Co-op brand or service. It is now encouraging them to donate these points to its new coronavirus fund.

The Guardian