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It would be the first time since 1953 that the bonus has not been paid

Worker-owned retailer John Lewis is considering suspending this year’s staff bonus after the high street suffered its worst Christmas since the financial crisis.

It would be the first time since the 1953 that the bonus has been dropped. Last year, the bonus for partners was cut to 5%, down from 6% the previous year.

The news comes amid reports of a tough festive season for the retail sector, with Marks & Spencer and Debenhams both reporting sales falls.


Co-operative News - Global Hub

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