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GBP/USD 1.2970 +0.0014 (0.11%)
GBP/EUR 1.1606 +0.0017 (0.15%)
GBP/JPY 145.1940 +0.1282 (0.09%)
GBP/HKD 10.1036 +0.0137 (0.14%)
GBP/CNY 8.9363 +0.0093 (0.10%)
GBP/AUD 1.7382 +0.0041 (0.24%)
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 dive by nearly two-thirds as clothing sales slide  
Marks and Spencer reports slump in profit hurt by clothing sales and cost of ...  
Market Chart
7,494.33 +9.04 (0.12%)
19,910.79 -9.33 (-0.05%)
4,102.26 +3.81 (0.09%)
4,633.64 +15.16 (0.33%)

Top stories

Construction workers eating lunch in front of an artist's impression of the Central Business District in Beijing, China. Photograph: Ng Han Guan/AP.
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 ...
Electricals and mobile phones giant Dixons Carphone has hailed rising full-year revenue, despite what it described as a "lively political backdrop".

Trends

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