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Evening Standard
Evening Standard
Business
Jonathan Prynn

John Lewis has axed its bonus twice in a row. It can’t do it a third time

Another year, another doughnut. John Lewis and Waitrose staff might justifiably feel particularly irked about this year’s second consecutive zero bonus given that the partnership has made a profit, albeit a pretty modest one, after the previous year’s deep fall into the red. 

It is the first time in John Lewis’s history that the bonus has been axed two years on the trot. 

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