If you would like to ask our webinar guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.

 

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMarks & Spencer Share News (MKS)

Share Price Information for Marks & Spencer (MKS)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 266.10
Bid: 265.70
Ask: 265.80
Change: 5.00 (1.91%)
Spread: 0.10 (0.038%)
Open: 263.70
High: 266.10
Low: 262.30
Prev. Close: 261.10
MKS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Food supply disruption, soaring energy costs could hit UK grocers' growth -NielsenIQ

Tue, 08th Mar 2022 08:00

LONDON, March 8 (Reuters) - Global food supply disruption due to Russia's invasion of Ukraine plus soaring energy and fuel costs could slow down growth in supermarket volumes, NielsenIQ said on Tuesday.

The market researcher said inflation at UK supermarkets was running at 2.7%, the highest since September 2013.

"Inflation at UK supermarkets continues to grow and as we exit COVID-19 new challenges lie ahead amid the threat of disruption to global food supply and soaring energy and fuel costs that will impact shopper budgets," it said.

NielsenIQ said grocery sales at UK supermarkets fell 3.4% over the four weeks to Feb. 26 year-on-year. Sales were, however, up 4.4% compared with pre-COVID levels two years ago.

The online share of sales fell back to 12.5% from 13.1% in January.

The researcher said Marks & Spencer maintained its position as Britain's fastest growing food retailer over the last 12 weeks with sales up 12.2% year-on-year.

Its data also showed market leader Tesco as the best performer of Britain's so-called Big Four grocers.

Tesco's 1.5% sales decline year-on-year outperformed Sainsbury's, Asda and Morrisons, which had falls of 3.7%, 4.8% and 7.7% respectively.

German-owned discounters Lidl and Aldi saw growth of 8.6% and 6.1% respectively.

The NielsenIQ data echoed figures from rival market researcher Kantar published last week. However, Kantar does not include M&S in its monthly reports. (Reporting by James Davey Editing by Mark Potter)

More News
6 Sep 2023 09:32

LONDON BROKER RATINGS: Shore says 'buy' B&M; Peel Hunt likes Halfords

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

Read more
6 Sep 2023 09:02

LONDON MARKET OPEN: Stocks fall amid high oil prices

(Alliance News) - Stock prices in London opened lower on Wednesday, as high oil prices gave rise to fears of renewed inflationary pressures and interest rate hikes.

Read more
31 Aug 2023 17:02

Miners drag FTSE 100 lower to snap 6-day winning streak

Glencore among top losers on FTSE 100

*

Read more
31 Aug 2023 16:50

LONDON MARKET CLOSE: FTSE 100 down amid stubborn US inflation

(Alliance News) - Stock prices in London closed mixed on Thursday, after news that a key US inflation reading came in in line with market expectations.

Read more
31 Aug 2023 12:00

LONDON MARKET MIDDAY: FTSE 100 edges lower ahead of US inflation print

(Alliance News) - The FTSE 100 tipped into the red at midday on Thursday as investors nervously awaited the latest print of the US Federal Reserve's preferred inflationary gauge, the personal consumption expenditures index.

Read more
31 Aug 2023 07:49

LONDON BRIEFING: Stocks seen higher; Grafton begins another buyback

(Alliance News) - Stocks in London are set to open higher on Thursday as market focus turns to inflation and whether it is cooling enough to justify a pause in September from the European Central Bank and the US Federal Reserve.

Read more
30 Aug 2023 17:55

TOP NEWS: M&S returns to FTSE 100 after four years, Persimmon exits

(Alliance News) - FTSE Russell confirmed on Wednesday that the following changes will take effect to its UK indices from the market open on Monday, September 18, after completing its quarterly review.

Read more
29 Aug 2023 17:00

Miners, homebuilders boost FTSE 100 to 2-weeks high

FTSE 100 hits 2-week high

*

Read more
29 Aug 2023 09:27

LONDON BROKER RATINGS: UBS cuts HSBC; Barclays cuts SDCL Energy

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Read more
23 Aug 2023 10:24

Britain's Ocado Retail and Sainsbury's cut prices again

Ocado Retail cuts prices of 200 products

*

Read more
23 Aug 2023 08:54

LONDON MARKET OPEN: Stocks rise ahead of Jackson Hole, Nvidia results

(Alliance News) - Stock prices in London opened higher on Wednesday, as the mood in European markets continued to improve.

Read more
23 Aug 2023 07:09

Dechra, Hikma, M&S and Diploma set to join FTSE 100

MILAN, Aug 23 (Reuters) - Drugmakers Dechra and Hikma, along with retailer Marks & Spencer and technical products provider Diploma are set to join the UK's blue-chip FTSE 100 index in September, indicative changes announced by FTSE Russell show.

Read more
23 Aug 2023 00:01

Britain's Ocado Retail cuts prices again

Heinz beans, Quaker oats among price reductions

*

Read more
22 Aug 2023 17:26

TOP NEWS: M&S set to be FTSE 100 outfit again but Persimmon may fall

(Alliance News) - Marks & Spencer Group PLC is primed to make a return to London's premier FTSE 100 index, roughly three years after the founding member was booted out, with abrdn PLC once again among those making way.

Read more
22 Aug 2023 17:13

Cyclical stocks lift UK equities off six-week lows; Wood Group rises

Blue-chip FTSE 100 snaps seven-day losing streak

*

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.