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...Email: stuart.kirk@ft.com; Twitter: @stuartkirk__...
...Marks and Spencer co-chief executive Katie Bickerstaffe is stepping down after less than two years in the role, leaving Stuart Machin as the sole boss of the UK retailer....
...Email: stuart.kirk@ft.com; Twitter: @stuartkirk__ This article has been republished to correct a figure in Stuart Kirk’s asset table...
...And whereas there is much disagreement around “E” and “S”, few people question sound governance as a worthy goal....
...Just as Santa cannot possibly visit every home in one night, investors would eventually see that the S&P 500’s cyclically adjusted price/earnings ratio is double its long-run average....
...Chief executive Stuart Machin must hope that today’s number one, Taylor Swift’s “Is it over now?” does not presage how his efforts will pan out. Maintaining the momentum for change will get harder....
...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....
...And one of the first people I picked on said ‘Susannah Streeter is my daughter!’ (laughter) So your mom and your dad are in the audience. Can we have a big cheer for Mr and Mrs Streeter!...
...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...
...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...
...The S&P 500 has started the year up almost 5 per cent, while the Nasdaq 100 is 6 per cent higher since January 1....
...Susannah Streeter, head of money and markets at Hargreaves Lansdown, said M&S’s “bread-and-butter customers” had “higher disposable incomes, which is partly why the chain is showing such resilience”....
...Marks and Spencer chief executive Stuart Machin said: “We’re aware that the competition is watching everything we do and try and copy all of our innovation. That’s OK because pressure is a privilege.”...
...The remarks are an echo of those by Marks and Spencer’s chief executive Stuart Machin, who has described his team as “always positively dissatisfied”....
...Streeter said Glencore’s investments in copper and nickel, which will prove crucial to the energy transition, had piqued investor interest....
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