It also highlighted the contribution of voluntary salary sacrifices by its employees during the first quarter of 2020, for which the board was “immensely grateful” and had repaid in full during the final quarter of the financial year.
Tavistock also received financial support from the UK government in the form of a £2.1m Coronavirus Business Interruption Loan Scheme (CBILS) loan, a precautionary measure that it plans to repay as soon as circumstances properly permit.
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Tom Higgins is a freelance reporter for FTAdviser
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