Marks boss's salary hits £2.1m

Updated
Marks and Spencer
Marks and Spencer

Marks & Spencer boss Marc Bolland missed out on a shares bonus worth a potential £2.9 million after the retailer delivered its worst annual profits for four years, but still earned a total pay package worth £2.1 million.

The group's annual report revealed rewards under a lucrative shares incentive plan were scrapped after disappointing annual results saw profits fall 6% to £665.2 million - the lowest level since 2009 - amid a disastrous performance from its clothing lines.
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