Rose blames UK plc for M&S sales
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Business & money: Chief executive warns of tougher times until 2009 as retailer reveals first drop in two and a half years
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UK watchdog the Office of Fair Trading is investigating claims that Apple is ripping off its UK customers. The investigation follows a complaint that UK customers were having to shell out more for the reassuringly
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Business & money: Retailer blames stayaway shoppers and fierce discounting by rivals for decline in sales
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Marks &amp; Spencer chief executive Stuart Rose yesterday took hands-on control of the underperforming retailer, announcing the departure of four main board directors and two other senior executives.
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Business & money: Chief executive Stuart Rose blames rising interest rates, uncertainty and bad weather.
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Bad weather and interest rate hikes are hampering Marks & Spencer's recovery, according to reports.
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UK retail shares slump after poor Christmas sales from Marks & Spencer, sparking fears of a cooling economy.
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Marks & Spencer PLC shares plunged on Wednesday after the food and fashion company reported a drop in Christmas sales, confirming fears of weakened consumer spending in Britain.
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Marks &amp; Spencer has announced a shake-out of top management after revealing a deterioration in trading conditions but it has not issued a profit warning the market had feared.
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An increasing number of UK shares are falling into the hands of overseas investors amid rising cross-border mergers, a report says.
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May find it difficult to sell weapons as a result BAE Systems plc, the arms colossus at the centre of a decades-long stink over allegedly corrupt arms deals in Saudi Arabia, is to call in Lord Woolf, the former Lord Chief Justice, to validate its business practices.â¦
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Business & money: Marks & Spencer and House of Fraser to emerge as  winners from brutal Christmas trading period
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LONDON : Marks and Spencer, the struggling British retailer, began buying back more than one quarter of its shares in the biggest tender offer ever seen in Britain.
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Retailer Marks & Spencer said Wednesday it faced flagging sales in the run-up to Christmas and issued a gloomy outlook for 2008, sending its share price plunging by a fifth in value.
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MARKS &amp; Spencer set the price of its share buyback at 362 pence per share today, in an operation that will see Â£2.3 billion returned to shareholders.
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Business & money: Bank admits it was warned on more than one occasion amid fierce criticism from shareholders
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Marks &amp; Spencer is no longer the UKâs largest clothing retailer after losing its crown to supermarket chain Asda, it was reported today.