The company, Britain's biggest clothing retailer, said that pre-tax profits in the year to March 30 were �564m, compared to �658m a year ago and M&S's record pre-tax profits of more than �1bn.

... Off. � FTSE 100 closes at highest level since September 2000 � Political attacks on tax avoidance could damage Britain � Apple 'tried to find Holy Grail of tax avoidance' � UK exit from EU would be 'loss/loss scenario' Latest.

Shares in London have reached levels last seen at the height of the dotcom boom nearly 13 years ago. At a close of 6,755 points, the FTSE 100 blue chip index matched levels from September 2000, just before the market's fascination with loss-making ...

The bosses of some of Britain's largest multinational corporations have urged David Cameron to stop moralising and rein in his rhetoric on tax avoidance ahead of a G8 summit next month.

Vodafone Group Plc, the second-largest wireless carrier, said earnings may rise to as much as 12.8 billion pounds ($19.5 billion) this year as the company eliminates jobs and stores in Europe and its U.S.