Marks & Spencer Share Price (MKS)

Larger issues may well be preoccupying the board now, but they will need to push for joint transparency on JV Chilting, you are I believe correct.

Ocado Retail are certainly much better placed now than they were when M&S chastised them for poor performance.

It has to be said that they responded brilliantly and are now well back on track for the future.

So, its over to the M&S board now to settle any disputes that remain between M&S and Ocado and give us a clear indication regarding disputed payments and the plans both companies have for the 50% of Ocado Retail that Ocado still own.

This morning Kantar said online player Ocado was again the fastest growing grocer in the 12 weeks to April 14, with a 12.5% growth in sales - as I said in my post yesterday, the theory that MKS cannot maintain its Christmas dominance in food and clothing is completely wrong and playing out in front of your eyes - follow the money

gla dyor etc

But change is upon us...

Dan Coatsworth, investment analyst at AJ Bell, said: "The Bank of England is now expected to start cutting rates before the US Federal Reserve sharpens its knife and that's led to divergent fortunes for the respective currencies."

He added that the "favourite items on the menu to fill portfolios" included Marks & Spencer, which was the recipient of a positive broker note, alongside Next and Sainsbury's. "All three saw their ratings lifted from 'hold' to 'buy' as part of a review of the broader retail sector," he said.

That rating dates back to jan 24 and nothing has changed.