Sunday 27 November 2022 01:08 PM Co-op boss who will earn up to £1m this year says her twins will get ONE ... trends now
The new head of the Co-op has declared her young children will only get one present each at Christmas this year because of the cost-of-living crisis.
Shirine Khoury-Haq, who earns a base salary of £750,000 a year and more than £1million when bonuses are factored in, said she cannot 'in good conscience' give her six-year-old twins more presents while millions of homes face soaring energy bills and inflation.
The 51-year-old instead of giving them an 'embarrassing' amount of toys, she and her husband will be spending the rest of their Christmas budget on presents for struggling families.
Ms Khoury-Haq, who became the first female head of the Co-op earlier this year, told the Times she had already broken the news to her children, and that to get them more than one per stocking would be 'excess'.
She told the paper that Christmas normally leads to 'too many toys that you then just play with one or two times and then give away or break', adding: 'It just feels like excess, given what’s happening in the world. In good conscience, I can’t do that in my own home.'
Shirine Khoury-Haq (pictured), who earns more than £1m a year, said her children would get only one present each at Christmas due to the cost-of-living crisis
The head of the Co-op said her family would spend the rest of their Christmas budget on presents for families struggling during the festive period
The girls will instead get 'a small present from mummy and daddy', with the family then going shopping 'to provide presents for children whose parents
