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Shanghai 3,064.08 +2.13 (0.07%)
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Nikkei 225 19,742.98 +129.70 (0.66%)
Hang Seng Index 25,428.50 +25.35 (0.10%)
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GBP/USD 1.2982 +0.0025 (0.20%)
GBP/EUR 1.1616 +0.0027 (0.24%)
GBP/JPY 145.1835 +0.1178 (0.08%)
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GBP/AUD 1.7378 +0.0037 (0.21%)
M&S annual profits fall by 64% as revamp costs bite
Profits at Marks and Spencer fell by almost two thirds to �176.4m last year following a costly business overhaul. The retailer said that a decline in clothing sales and higher costs from opening new food stores were partly to blame for the 64% fall ...
M&S profits drop sharply on revamp costs and lower clothing sales  
Marks & Spencer pre-tax profits tumble 64pc  
Market Chart
7,501.08 +15.79 (0.21%)
19,951.13 +31.01 (0.16%)
4,106.63 +8.18 (0.20%)
4,644.66 +26.18 (0.57%)

Top stories

FILE PHOTO: Employees work in a Hangzhou Iron and Steel Group Company workshop in Hangzhou, Zhejiang province August 4, 2009. REUTERS/Steven Shi/File Photo.
The Bank of England governor, Mark Carney, has fallen victim to an online prankster who got him to joke about one of his predecessor's supposed drinking habits.
This morning, though, M&S let investors see the recent past. And if the future's bright, the past is not so much orange as hot pants gold: affected by the legacy of an unfortunate clothing strategy, that saw the retailer market said pants to its ...
The Government borrowed a surprise �10.4bn last month in the final update on its finances before the general election. The Office for National Statistics (ONS) said public sector net borrowing, excluding State-owned banks, rose by �1.2bn in April to ...
Sales at mobile phone retailer Dixons Carphone rose 4% for the year to April despite what it calls "a lively political backdrop".

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