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.