Breaking news
John Lewis cuts staff bonus to the lowest level since 1953 at just 2% as it posts punishing drop in profits and warns shoppers that store closures are on the cards John Lewis saw total annual profit fall by 23% to £123m, latest results show Annual staff bonus now stands at 2%, the lowest since … Read more
Lifetime Isa customers see delay on February bonus payments of up to £1,000 due to taxman glitch Each month Lifetime Isa holders receive a 25% bonus on what they’ve saved They can earn up to £1,000 on £4,000 of savings every tax year Taxman is meant to pay the bonuses every month but a ‘technical … Read more
John Lewis ‘never knowingly undersold’ pledge comes under threat as new chairman reviews store cuts, staff bonus and link with Waitrose John Lewis has committed itself for 95 years to match a rival’s price But major strategic review will leave ‘no stone unturned’, according to sources The review is likely to look at the number … Read more
Former Persimmon boss Jeff Fairburn sets up US-style fund to give some of his £82m bonus to charity By Daily Mail City & Finance Reporter Published: 22:03 GMT, 15 January 2020 | Updated: 22:03 GMT, 15 January 2020 Former Persimmon boss Jeff Fairburn will give some of his £82m bonus to charity, it has emerged … Read more