Coronavirus: 20% pay cut for Co-op CEO Steve Murrells

// Co-op encourages its 4.6m members to donate their unspent rewards worth up to £30m to its new coronavirus fund
// The funding will be donated to Covid-19 relief efforts
// Co-op CEO Steve Murrells takes 20% pay cutCo-op chief executive Steve Murrells has agreed to a 20 per cent pay cut over the next three months to begin its Members’ Coronavirus Fund.
The retailer hopes to raise £30 million with unspent rewards from its 4.6 million members, which it will donate to food banks