Food sales were up 7%, clothing sales down by one third, with sales in High Street and city centre outlets sharply down. One of the new online ventures, a joint venture with Ocado, is proving a success. One quarter of every Ocado delivery is now M&S products, and the partnership contributed £78m of profit.
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Mothers lose fight against two-child benefit limit
admin, , Business, 0
Carla Clarke, head of strategic litigation at Child Poverty Action Group, which represented the mothers and children, said: “This...
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Ofgem blamed as supplier failures lead to higher energy bills
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“While no regulator can, or should, guarantee companies will not fail in the future, we will continue to take...
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Scrapping of electric car grants sparks backlash
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Transport Minister Trudy Harrison said: ”Having successfully kickstarted the electric car market, we now want to use Plug-in Grants to...
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HS2: ‘Crazy’ not to review project over soaring costs – Shapps
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The bosses of dozens of businesses and business groups – including Manchester Airports Group, British Land, Virgin Money, and...
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John Lewis to pull ‘Never knowingly undersold’ pledge
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Image copyright John Lewis Image caption Sharon White became chief executive of John Lewis in February John Lewis is...
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Pressure on Sunak as inflation hits new 30-year high
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He added that a cut in fuel duty would help: “I mean, fuel is obviously a driver across the...
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UK hiring slowing down as recession looms
admin, , Business, 0
Jeevun Sandher, economist at Kings College London said “those who are able and willing to work are, generally, working....
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Triple lock pension pledge suspended for one year
admin, , Business, 0
“It will ensure the basic and new state pensions increase by 2.5% or in line with inflation, which is...
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