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Tesco boss handed £10.8million pay package as millions of Britons skip meals

1 sources1 storiesFirst seen 5/15/2026Score25Mixed Progress
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Tesco boss handed £10.8million pay package as millions of Britons skip meals.

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Tesco chief executive Ken Murphy received a total remuneration package worth £10.8million during the 2025/26 financial year, according to the supermarket giant's latest annual report.The package represents an increase of around £1million compared with the £9.8million Mr Murphy received during the previous financial year.Tesco's annual report revealed the chief executive was awarded a £3.4million bonus alongside £5.7million in share awards linked to company performance.The retailer reported earnings of £3.15billion for the year ending February 28, up slightly from £3.13billion during the previous year.

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TRENDING Stories Videos Your Say Sales excluding VAT and fuel increased by 4.6 per cent to £66.6billion as Tesco secured its strongest market share position in more than 10 years.Mr Murphy's basic salary is also due to rise by a further 3 per cent later this month, taking it to £1.54million.The figures come as millions of households across Britain continue to face pressure from rising...

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Bloggbnews.com5/15/2026