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Evening Standard
Evening Standard
Business
Simon English

No staff bonus at John Lewis as partnership plunges to hefty losses

The John Lewis Partnership plunged to a loss of £234 million for the year, and said it could not afford to pay staff their traditional bonus.

Sharon White, the chairman, said it had been a “tough” time. “Inflation hit us like a hurricane” she told the Standard, “but customers are staying loyal to us.”

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