Staff to get bonuses from Phones 4u £35m loyalty pot

THE multi-millionaire owner of high street retailer Phones 4u yesterday announced a huge package of staff bonuses funded from a £35 million loyalty pot.

Tycoon John Caudwell has promised each of his 25 senior managers £1 million bonuses if they hit sales and customer service targets.

Substantial rewards from a further £10 million fund were also being dangled in front of 56 sales managers and 340 store managers.