Morrisons chief executive Marc Bolland received a £760,000 bonus last year, almost 100 per cent of his salary, after leading a turnaround at the grocer.

Morrisons' pre-tax profit soared 66 per cent to£612 million for the full year to February 3. Total sales were up 6 per cent to£13 billion and like-for-like sales – excluding fuel – rose 4.6 per cent.

Morrisons’ sales are understood to have accelerated in the second half of the year, partly driven by a successful ad campaign featuring Lulu, Alan Hansen and Denise Van Outen.

Following Sir Ken Morrison’s retirement in March, deputy chairman Sir Ian Gibson succeeded him as non-executive chairman.

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