Marks & Spencer Share News (MKS)

Sunday newspaper round-up: Government debt, High-inflation trap, Car insurance

(Sharecast News) - The cost of servicing the government's debt mountain will surpass £500bn over the next five years, due to high inflation and steep interest rates. Interest rate payments on that debt will rise to their highest level as a proportion of economic output since the late 1940s. This year alone, the interest rate bill for an individual household was already £4,000. That has also led to concerns that public spending, including for education and health services, will need to be squeezed in order to balance the books. - The Financial Mail on Sunday

Shares of UK online supermarket Ocado soar on talk of Amazon bid interest

Times report says talk of bid interest from U.S. suitors

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LONDON BRIEFING: Berkeley profit up; THG CEO surrenders golden share

(Alliance News) - Stocks in London are called lower on Wednesday, after hotter-than-expected UK inflation data wrong-footed forecasters once again and heaped more pressure on the Bank of England.

WH Smith, M&S and Argos 'named and shamed' over minimum wage failures

(Alliance News) - Retailers including WH Smith PLC, Marks & Spencer Group PLC and Argos Ltd are among firms who have been "named and shamed" by the government for breaking the minimum wage law.

UK fines WH Smith, M&S and others for not paying minimum wage

LONDON, June 21 (Reuters) - Britain has fined more than 200 companies, including top retailers WH Smith, Marks & Spencer and Argos, for failing to pay their lowest paid staff the minimum wage between 2017 and 2019.

Britain's M&S the latest supermarket to cut prices

M&S cuts prices of 70 products, holds prices of 150

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Staffline shares drop despite confidence in future prospects

(Alliance News) - Staffline Group PLC on Monday hailed a strong performance so far this year, said it still enjoys "substantial" headroom and added that it remains confident in its medium to long-term prospects.

M&S agrees settlement with Swizzels in Percy Pig court case

(Alliance News) - Marks & Spencer Group PLC has agreed a settlement with British sweet-maker Swizzels Matlow Ltd after accusing it of copying its much-loved Percy Pigs.

LONDON BROKER RATINGS: Goldman cuts Croda to neutral; Davy likes Wise

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

IN BRIEF: Marks & Spencers tenders GBP228.1 million loan notes

Marks & Spencers PLC - London-based food, clothing, home and bank services retailer - Says it has tendered GBP107.2 million of GBP300.0 million 3.750% notes that are due in 2026, and that it has tendered GBP120.9 million of GBP324.6 million 4.750% notes due in 2025. This follows the invitation made to holders of outstanding notes to tender their notes for purchase by the company for cash in an aggregate nominal amount of up to the 2025 notes and 2026 notes maximum acceptance amount. The offers were announced in May 2023, and were made on terms and subject to conditions contained in the tender offer memorandum. The company also announces that the 2025 and 2026 notes final acceptance amount is expected to be set at GBP219.4 million in aggregate nominal amounts of notes.

LONDON BROKER RATINGS: RBC cuts Dr Martens to 'sector perform'

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

LONDON BROKER RATINGS: RBC cuts Halfords; Berenberg likes Sabre

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

UK shoppers boost spending despite inflation's bite

Retail sales in April +0.5% m/m vs Reuters poll +0.3%

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LONDON BROKER RATINGS: Numis starts Tristel with 'add'

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

LONDON BRIEFING: Germany enters recession; UK energy price cap lowered

(Alliance News) - Stocks in London were called to open lower on Thursday, amid the continued political scrap over raising the US government debt limit and after news that Germany has entered a technical recession.