Tyman, the parent company of Access 360, which comprises Bilco UK, Profab Access and Howe Green, intends to pay back £2.3 million it received this year under the UK government’s Job Retention Scheme in full before the year ends.
Darren Waters, divisional chief executive officer of Tyman UK and Ireland, explained: “During the second half, our businesses have benefited from the strong recovery in the residential and commercial markets, and we are in the fortunate position where we are able to return this money.
“The Job Retention Scheme served its purpose in supporting us to preserve jobs through the uncertainty. Other sectors, including hospitality, leisure and retail, have been hit hard and need further government support to get through this crisis. For Tyman, paying back the money is the right thing to do.”
