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Marks&Spen


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UK stocks close lower, hit by Wall St selloff on inflation data

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Monthly U.S consumer prices unexpectedly rose in August * UK jobless rate hits 48-year low as people quit labour market * Ocado Retail cuts outlook as Britons tighten belts * FTSE 100 down 1.2% and FTSE 250 drops 1.8% (Updates with closer) By Bansari Mayur Kamdar, Johann M Cherian and Aniruddha Ghosh Sept 13 (Reuters) - UK's main equity indexes fell on Tuesday, echoing weak sentiment on Wall
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Banks drag UK's FTSE 100 lower; all eyes on U.S. inflation data

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * FTSE 100 and FTSE 250 off 0.1% Sept 13 (Reuters) - UK's FTSE 100 ticked lower in choppy trading on Tuesday as bank stocks fell, while data showed a drop in jobless rate and rising wages that could pile more pressure on the Bank of England looking to rein in surging inflation.
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British Business - Aug 26

(Corrects to add dropped link) Aug 26 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Canadian software company Open Text OTEX.TO said it would acquire Micro Focus International MCRO.L in a deal valued at $6 billion, including debt.
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British Business - August 4

Aug 4 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Lloyd's of London has stepped up plans to open itself up to outside capital with a new platform that offers easier access to pension funds and other institutional investors.
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Financial Times - July 22

July 22 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines - Pfizer and Flynn fined 70 mln stg by UK regulator for epilepsy drug price rises Link - EDF pushes UK government to alter Hinkley Point C penalty clauses Link - Tata threatens to close Port Talbot steelworks without 1.5 bln stg of aid Link - Marks and Spencer finance chief to depart retailer and join Primark owner ABF Link Overview
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UK Stocks-Factors to watch on July 21

July 21 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening flat on Thursday, with futures FFIc1 up 0.10%. * SSE PLC: British power company SSE Plc SSE.L said its first-quarter performance slightly exceeded its expectations and reiterated its forecast for the full year. * ANGLO AMERICAN: Global miner Anglo American AAL.L reported a 9% fall in second-quarter output.
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Financial Times - July 20

July 20 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines - Ocado Retail chief Melanie Smith to quit Link - Royal Mail postal workers vote to strike Link - Banks and insurers boost UK staff pay to combat cost of living Link - Ministers wasted 190 mln stg 'repeatedly' altering rail upgrade plans Link Overview - Ocado Group OCDO.L , the online supermarket and technology firm, said Melanie Sm
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British Business - June 22

June 22 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Ocado OCDO.L bosses on Wednesday pledged that its 578 million pound ($709.09 million) fundraising will be the last time it taps investors before turning cashflow positive in the next four to six years.
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British Business - June 21

June 21 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - British retailer Marks & Spencer MKS.L on Monday named Alex Freudmann as its new food boss, succeeding Stuart Machin, who was promoted to group chief executive last month.
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Financial Times - June 8

June 8 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines Warburg-backed news group Reorg hires bankers for sale Link Online car seller Cazoo warns over recession as it cuts hundreds of jobs Link M&S executive team could earn £15mn this year if targets hit Link Credit Suisse pushed for spyware sales at NSO despite US blacklisting Link OVERVIEW Reorg, the distressed debt and bankruptcy info
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British Business - June 8

June 8 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - British waste-management specialist Biffa BIFF.L said it has received a possible buyout offer from Energy Capital Partners that values it at about 1.36 billion pounds ($1.71 billion), sending shares to an all-time high.
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Europe retail stocks lower on Target's latest warning

LONDON, June 7 (Reuters) - European retail stocks fell sharply on Tuesday, spooked by U.S. retailer Target Corp TGT.N slashing its quarterly margin forecast for the second time in less than a month. Target said it would have to offer deeper discounts and cut back on stocking discretionary items, as inflation dents spending, adding to the gloomy global consumer outlook.
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Retailers lift European stocks but growth worries persist

* Retailers advance as UK unveils new stimulus * United Utilities slumps after higher cost warning * BT drops on govt review of Drahi's stake (Updates to market close) By Susan Mathew May 26 (Reuters) - European markets rose on Thursday with the retail sector leading the charge as Britain revealed new stimulus plans, while the U.S. Federal Reserve sticking to its monetary policy tightening script also bolstered risk appetite.
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British Business - May 26

May 26 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Volkswagen VOWG_p.DE has agreed upon a 193 million pound ($243.22 million) settlement with more than 90,000 UK car-owners after the manufacturer installed "defeat devices" to cheat anti-pollution tests.
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UK stocks end higher; Pets at Home tops midcaps

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * Glencore up on agreeing to $1.5 bln probe settlement * Pets at Home jumps on upbeat annual earnings * FTSE 100 up 0.5%, FTSE 250 adds 0.4% (Updates to close) By Sruthi Shankar May 25 (Reuters) - UK stocks rose on Wednesday as investors' mood steadied after a bruising previous session, while pet supplies retailer Pets at Home topped midcap stocks after posting upbeat corporate earnings.
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UK Stocks-Factors to watch on May 25

May 25 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Wednesday, with futures FFIc1 up 0.6%. * M&S: British retailer Marks & Spencer MKS.L joined rivals in warning on the outlook for the current year amid a worsening cost-of-living crunch, taking the shine off a jump in profit. * MEDICLINIC INTERNATIONAL: South African hospital chain operator Mediclinic International MDCM.L is reinstating dividends after almost doubling full-year profit, it said on Wednesday.
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UK Stocks-Factors to watch on May 24

May 24 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Wednesday, with futures FFIc1 up 0.9%. * LEGAL & GENERAL: British insurer Legal & General LGEN.L has formed a 50:50 partnership with U.S. developer Ancora to invest in U.S. life sciences and technology real estate in the first U.S. investment by its alternative assets arm, the insurer said on Wednesday.
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Cucumber crisis: surging energy prices leave British glasshouses empty

* Cost of growing a cucumber to jump from 25p to 70p * High energy costs mean crops not planted * Pressures likely to push food prices higher By James Davey ROYDON, England, March 31 (Reuters) - In a small corner of south-east England, vast glasshouses stand empty, the soaring cost of energy preventing their owner from using heat to grow cucumbers for the British market.
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British Business - March 14

March 14 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - The UK government is exploring whether old coal-fired power stations that are due to close this year could be kept open to ease the energy crisis triggered by Russia's invasion of Ukraine.
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Financial Times - March 11

March 11 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines Marks and Spencer chief to step down Link Toshiba's biggest shareholder comes out against plan to split company in two Link Credit Suisse slashes executive bonuses after scandals at Archegos and Greensill Link Overview Marks and Spencer MKS.L CEO Steve Rowe is to step down in May and to be replaced by a co-chief executive arrangeme
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