Marks & Spencer boss to get 'golden hello'

Marks & Spencer's new boss Marc Bolland will start in May on a near-£1m (1.14m) salary and a "golden hello" worth £3.9m (€4.46m) in shares, the retailer announced today.

The former Morrisons chief executive has been released six months early from his 12 month contract with the supermarket to take on the top job at M&S on May 1.