Tesco chief executive Ken Murphy has seen his total annual remuneration package climb to £10.8m, marking an increase of £1m from the previous year.

The supermarket giant’s latest annual report disclosed that Mr Murphy secured a £3.4m annual bonus and £5.7m in share awards for the 2025-26 financial year.

This significant pay rise follows a period of strong performance for the company, which reported earnings of £3.15 billion for the year ending February 28, up from £3.13 billion.

Furthermore, Tesco achieved its highest market share in over a decade, with sales, excluding VAT and fuel , growing by 4.6% to £66.6 billion.…