Massive profits for Sports Direct

Sports Direct, which has a store in Ilkeston, will reward staff for helping the group rack up record figures

Sports Direct said 2,000 of its 24,000 employees, including managers and shop-till staff, would receive around 12,000 shares each as part of a bonus scheme, meaning an average employee on £20,000 a year will receive £75,000.

Chief executive Dave Forsey said its employee scheme had played a key role in making its staff work harder. British sporting success and growing interest in its fishing range were also a factor. Group profits rose 40 per cent to £208 million with sales climbing 20.9 per cent to £2.19 billion.