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...Ian Lance, a fund manager at M&S shareholder Temple Bar Investment Trust, said the latest results “demonstrate that the strategy to reshape M&S is starting to deliver”....
...“I’m very grateful to Katie for her support in seeing M&S through this important period in the reshaping of the business....
...Email: stuart.kirk@ft.com; Twitter: @stuartkirk__...
...I’d rather own bitcoin. The author is a former portfolio manager. Email: stuart.kirk@ft.com; Twitter: @stuartkirk__...
...M&S’s contract with HSBC, which owns M&S Bank, is up for renewal. M&S is likely to push for more control and a bigger cut of the spoils....
...See what I’m talking about? We heathens can’t help ourselves....
...Email: stuart.kirk@ft.com; Twitter: @stuartkirk__ This article has been republished to correct a figure in Stuart Kirk’s asset table...
...M&S and John Lewis, they will have to run faster.” M&S cannot afford distractions....
...In November, M&S chief executive Stuart Machin said he was “positively dissatisfied” with the joint venture after it recorded a half-year loss of £23mn from Ocado....
...M&S chief executive Stuart Machin on Tuesday said the changes, totalling £89mn, were about being “the most trusted employer” as the company announced a host of other benefits relating to maternity, paternity...
...I’d need another job earning £40,000 to make the same amount. No thanks. The author is a former portfolio manager. Email: stuart.kirk@ft.com; Twitter: @stuartkirk__...
...The government’s decision to block the plans, previously criticised by M&S boss Stuart Machin as “utterly pathetic”, prompted the retailer to warn that it might quit Oxford Street entirely if its redevelopment...
...Whether M&S can not only stay on track but also keep the music going for investors is Machin’s true test....
...“M&S has a history of overpromising and underdelivering.” The strong performance from Tesco and M&S comes a day after rival J Sainsbury disappointed investors with weak general merchandise sales....
...I’m Katie Martin. Thanks for listening. [MUSIC PLAYING]...
...Here’s more on the regions driving a nascent recovery in the M&A market....
...“I’d rather know what’s going on than come back to a huge inbox.”...
...Email: stuart.kirk@ft.com; X: @stuartkirk__...
...This would not only be far too much work, but also involve forward-looking statements and legal risk we’d prefer to avoid....
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