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25 Jun 2021 9:59
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  •   Home > News > Business

    Briscoe Group is paying back an 11.5 million dollar wage subsidy, even though it was eligible at the time

    Briscoe Group is paying back an 11.5 million dollar wage subsidy, even though it was eligible at the time


    It qualified with first quarter sales down nearly 36 percent, but things have since picked up.

    The owner of Briscoes and Rebel Sport, made a 28 million dollar profit in the first half of the 2020 financial year.

    Board chair Dame Rosanne Meo says they've been watching developments - and have decided it's right to pay the subsidy back.

    © 2021 Newstalk ZB, NZCity

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