Morrisons shareholders reject executive bonuses amid falling profits

Multimillion-pound pay deals awarded after firm adjusted calculations to ignore Covid-19 costs

Morrisons shareholders have voted overwhelmingly against the award of millions of pounds in bonuses to executives who missed profit targets during the pandemic, in one of the biggest shareholder rebellions of recent years.

The vote is not binding, and a spokesperson said the executive team intended to collect their awards in full.

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