Myleene Klass’ M&S deal slashed by a quarter due to recession

May 2nd, 2009 - 1:53 pm ICT by ANI  

London, May 2 (ANI): Even Myleene Klass could not escape the wrath of ongoing economic crisis, for the actress’ 1-million pound Marks & Spencer deal has been slashed by a quarter, it has emerged.

Klass’ pay was cut to 750,000 pounds as the firm struggles to control costs.

“She is absolutely fine with the pay cut because - like the rest of the country - she accepts that everyone gets less money,” the Sun quoted a source as saying.

“It is a great endorsement that she has signed up. The days of million pound deals are going out of the window,” the source added.

Other M&S adverts stars also fell victim of cost cutting include Erin O’Connor, Elizabeth Jagger, Noemie Lenoir and Lily Cole.

An M&S spokeswoman said last night: “We have an ongoing relationship with them but they have not currently been signed up for anything.” (ANI)

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