£2.8m bonus for M&S chief

Marks & Spencer today revealed outgoing boss Stuart Rose landed a bumper £2.8m (€3.4m) bonus for returning the group to annual profits growth.

M&S paid out the maximum possible under the profit-related element of its annual bonus plan after delivering a 4.6% rise in profits to £632.5m (€768m) for the year to March – a marked turnaround on the 40% fall the previous year.