The pay packet of Justin King, chief executive of Sainsbury, increased 30% to £1.47m in the year to March, the supermarket group's annual report has revealed.

The report also said that next year the maximum bonus that King could receive would increase from 100% to 150%.

A spokeswoman for Sainsbury said: “The new long-term incentive plans provides a company focus for the top 1,000 management and builds on our sales led turnaround.”