John Lewis hands shop floor staff 6.9% pay rise
Above inflation increase comes as partnership battles staff discontent over annual bonus freeze
Above inflation increase comes as partnership battles staff discontent over annual bonus freeze

Group offers 2% payout after cutting other staff benefits in recent years, including its final-salary pension

Most employees will receive 5% less in equity rewards after bigger cuts a year before

Companies are also watering down ESG elements of pay plans as boards reassess whether such awards ‘make sense’

Trading firm brought in record $40bn amid financial market volatility

Beloved chain hit by internet rivals but is fighting back

Andrew Miller’s remuneration increased 23.5% this year to ‘reflect growing scale’ of his role, says company