Next bosses bet on share price

Bosses of fashion chain Next are betting £2.6m(€3.9m) on the business in the hope of netting a windfall five times bigger.

Next said four directors, including chief executive Simon Wolfson and other senior staff, are investing a total of about £1.5m (€2.3m) of their own money in financial wager contracts based on the group’s share price performance over four years.