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John Lewis staff will share £151m as a bonus after the retailer reported a
strong set of profits after a tough year on the high street.

John Lewis staff will share £151m as a bonus after the retailer reported a
strong set of profits after a tough year on the high street.

John Lewis’s 70,000 staff are to share of bonus pot of £151m after the
retailer reported a jump in profits.

British-based banks could be forced to disclose bonus payments of over
£500,000 under Government plans to toughen up its own legislation.

Dredner Kleinwort’s former chief economist is suing the investment bank’s new
owners for £500,000 in unpaid bonuses and redundancy because his performance
deal was cut by 90pc after the bank’s heavy losses.

Royal Bank of Scotland, the state-backed lender, has awarded nine senior
directors £10m in bonuses despite making a £3.6bn loss last year.

BP has defended a rise in Tony Hayward’’s pay package to £4m as “balanced
and fair”, despite a 45pc fall in profits.

The UK’s 50% supertax on bank bonuses will net more than £2.5bn, handing the UK government a large pre-election windfall, according to an FT survey of 16 global banks. Receipts…

The Treasury has finally struck a deal to exclude Britain’s stockbrokers from
the bonus tax, ending three months of uncertainty for the sector.

HSBC will pay Michael Geoghegan, chief executive, an extra £800,000 a year in “allowances”
and “benefits in kind” for moving family from London.