Boots boss more than doubles pay to £3.8m as chain triples profits

Chemist made a profit of 137m in year to 31 August, helped by closure of 44 underperforming stores

The Boots boss, Seb James, more than doubled his pay to 3.8m last year after the chemist chain tripled profits as pandemic restrictions eased.

The beauty retail and pharmacy business made a pre-tax profit of 137m in the year to 31 August, across its three entities which file accounts at Companies House, up from 44.5m a year before, while sales rose just under 10% to nearly 7.8bn.