City Of London
M&S Profits Hit By Inflation and Russia Exit: The London Rush
An employee pushes crates of goods into a loading bay outside a Marks & Spencer Group store in the UK
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
Here’s the key business news from London-listed companies this morning.
Marks & Spencer Group Plc: The British retailer doesn’t expect its profitability to improve as the year goes on, given increasing cost pressures and consumer uncertainty, as well as its exit from the Russian market.