Struggling Morrisons pays out £3m to sacked boss Dalton Philips

Dalton Philips, the former Morrisons boss, has walked away from the supermarket with nearly £3m and could get a further £1.6m in payouts over the next two years, despite presiding over a collapse in the company’s profits, losing customers to discount rivals Aldi and Lidl and overseeing a tanking share price.

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