- 2 updates
The bonus comes after Next reported profits had risen by 9 per cent to £621.6m over the past year. Next shares have jumped by 48 per cent over the past year.
The GMB union described Lord Wolfson's decision to share his bonus "as a PR stunt"
Thousands of staff at the high street chain Next are to get a cash bonus after their boss Lord Wolfson asked for a £2.4 million shares windfall to be given to employees.
19,400 workers at the company, which is based at Enderby in Leicestershire, will receive their share of the payout in July. It's worth about one per cent of their salary.