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M&S executives, staff denied bonus this year - CEO
May 20, 2014 / 11:55 AM / 3 years ago

M&S executives, staff denied bonus this year - CEO

People walk past a Marks and Spencer store in Leicester, central England, November 4, 2009. REUTERS/Darren Staples

LONDON (Reuters) - Marks & Spencer’s chief executive Marc Bolland said none of its executives or staff would receive a bonus this year, after the British retailer posted its third straight year of declining profits.

The company’s chief executive was speaking to reporters at an event on Tuesday.

Reporting by Sarah Young

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