Fosters’ partners share another multi-million-pound payday

Norman Foster

Payment follows previous year’s £31m windfall

The 180 partners at Foster & Partners enjoyed another bumper payday with the architect handing them a near £9m payment, the firm’s recently filed accounts have revealed.

The practice said partners would share an £8.8m windfall under a partnership payment initiative set up in 2014 with the amount working out at nearly £50,000 per partner.

The figure was revealed in the firm’s latest accounts that showed pre-tax profit jumped more than 200% to £35.8m in the year to April 2021 on turnover down 13% to £236m.

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