Luxury department store Harrods has paid a £69m dividend to its Qatari owner after group full-year profits edged up 1.8% to £92.5m.

The department store, which was bought by Qatar Holding three years ago, reported a 10% sales rise to £765.4m in its year to February.

The figures include its flagship store as well as its aviation, banking, insurance and property businesses.

The company put its record sales and profits down to surging demand for womenswear, fine jewellery and luxury accessories.

The group paid the £68.6m dividend to its owner via a Bermuda company called QH Property Holdings.

Harrods, which is run by Michael Ward, has spent hundreds of millions on opening airport stores and a new distribution centre under the ownership of Qatar Holding.

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