Next chief to get 50% pay rise to £4.4m despite shareholder opposition

Some investors and advisory groups had voiced concerns while many people struggle to make ends meet

Shareholders in Next have backed the company's decision to pay its chief executive Simon Wolfson 4.4m this year, despite opposition from some investors concerned about the disparity between executive pay and wages of the wider workforce.

Wolfson was awarded a 50% pay rise by the fashion retailer, taking his remuneration to the highest level since 2015.