M&S to hand more than 9,200 workers bumper share payouts as festive sales surge

Business | Business News Marks & Spencer has said more than 9,200 shop workers are set to get bumper payouts under a share scheme as it revealed a jump in festive sales. The high street stalwart said employees – mostly customer service assistants – who put a typical £150 a month into its 2020 share save scheme will gain more than £10,000 when it pays out on February 1. It comes after M&S said it starts 2024 with a “spring in our step” after sales jumped over Christmas and its food halls saw a record number of shoppers. Like-for-like sales lifted 9.9% across its food arm, while comparable store sales were 4.8% higher in its clothing…