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Primark parent donates £240m to charity

Wittington Investments, a major shareholder in Primark, has given £240m of its profits to charity after a delivering a profit of £585m for last year.

The company gave the hefty sum of money to grant giving charity the Garfield Weston Foundation last year, according to reports.

Wittington, which controls a majority stake in Primark owner Associated British Foods, gave a further £60m to shareholders and the Weston family, which owns the company.

Wittington made £585m profits last year as it generated a turnover of £11.1bn.

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