Next boss Lord Wolfson has received a £1m bonus for last year’s performance.

Altogether, Wolfson’s compensation was just over £1.75m following.

Next group product director Christos Angelides cleared £1m after a £500,000 bonus.

The retailer had posted a 9% increase in full-year pre-tax profits to £551m on sales of £3.45bn in its financial year ending January 29 2011.

Next’s brand like-for-like sales were up 0.4% and Directory sales rose 7.1% year on year.

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