Sainsbury’s have posted better than expected profits with a 11.3% rise to £543 million. The supermarket has said that like for like sales rose by 4.5% in the year to the 21st of March. The rise is put down to the increasing population of their Basics range and the Jamie Oliver Feed Your Family For a Fiver campaign which has been running on TV. The profits mean that Sainsbury’s staff will share a bonus pot of £60 million, compared to last year’s £47 million.