Sainsbury's profits rise to £665m

British supermarket giant Sainsbury’s said today that its staff will share a bonus pot of around £60m (€68m) after it posted a 9% rise in annual profits to £665m (€757m).

The pay-out for 124,000 workers, which compares with a bonus pool of more than £80m (€91m) last year, comes after the group overcame a faltering market to increase sales by 7.1% to £22.9bn (€26m) in the year to March 19.