John Lewis chief on rise in profits and 17% staff bonus

Department store group John Lewis has announced a 17% bonus for staff after reporting a rise in profits.

The partnership, which includes Waitrose supermarkets, said it made pre-tax profits of £409m ($613m) last year - a rise of 15.8%.

John Lewis is owned by its employees, meaning some of the profits are paid as bonuses every year.

Partnership chairman Charlie Mayfield said there were various reasons for the turnaround.