Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
National
Alastair Jamieson

Tesco workers to share £50m bonus but supermarket giant warns inflation will hurt profits

AFP via Getty Images

Up to 290,000 Tesco workers are to get a pay bonus after the firm revealed its annual profits more than tripled, but the company warned of much tougher times ahead amid surging inflation.

Britain’s largest private employer will pay out nearly £50m in “thank you” bonuses to employees across its stores, customer fulfilment and customer engagement centres, worth 1.25 per cent of their annual salaries, at the end of May.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.