28
Edenred generated revenue from the scheme by buying vouchers from supermarket chains at a discount...
Conclusion
Edenred generated revenue from the scheme by buying vouchers from supermarket chains at a discount on their face value.55 It explained that it had individual arrangements with each supermarket participating in the scheme, but declined to share any details of its commercial arrangements on the grounds that the information was confidential.56
Source
Committee
Public Accounts Committee
Report
Forty-First Report - COVID 19: the free school meals voucher scheme
05 Feb 2021
HC 689
Addressee Bodies
HM Treasury
Timeline
Recommendation age
5.3 yrs
Report published
05 Feb 2021