John Lewis staff celebrate 18% bonus

John Lewis Partnership staff have been rewarded with bonuses worth 18% of their salaries as the group defied retail gloom to post a surge in profits.

The employee-owned firm said a strong year for its department stores and supermarket Waitrose meant its 76,500 staff will share a bonus pot of �194.5 million, up from last year's pool of �151 million.

The partnership posted a 20% rise in pre-tax, pre-bonus profits to �367.9 million for the year to January 31, as sales soared 10.6% to �8.21 billion.

Hundreds of staff at the Nottingham department store gathered to learn how much the bonus will be.

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