Marks & Spencer Share News (MKS)

M&S food makes good start to new financial year, says boss

LONDON, July 4 (Reuters) - British retailer Marks & Spencer's food business has made "a good start" to its 2023-24 financial year, the group's boss told investors on Tuesday.

Sunday newspaper round-up: Google, M&S, Tesco

(Sharecast News) - Google's new quantum computer is capable of instantly making calculations that would take current supercomputers 47 years to complete. Such compouters, proponents argue, will be capable of battling climate change and creating breakthrough drugs. Their ability to break encryption systems now utilised on the other hand makes them a threat to national security. - The Sunday Telegraph

Ocado announces price cuts to milk and other 'everyday essentials'

(Alliance News) - Ocado Group PLC has announced price cuts on milk and other items as grocers compete to pass on falls in wholesale costs to customers.

Britain's Ocado follows rivals in cutting some prices

Ocado cuts prices of over 100 essential items

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IN BRIEF: Ocado adds former Ted Baker CEO Osborne to board as non-exec

Ocado Group PLC - Hertfordshire-based online grocer and warehouse technology firm - Appoints Rachel Osborne as independent non-executive director from September 1. She is the former chief executive officer of fashion retailer Ted Baker. Osborne was formerly chief financial officer of Debenhams PLC and Domino's Pizza Group PLC and was finance director of John Lewis Division within the John Lewis Partnership.

UK shareholder meetings calendar - next 7 days

Online's share of UK grocery market dips as heat pushes shoppers to stores

Online was 10.4% of total UK grocery market in June

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UK's Sainsbury's cuts more prices, adding to signs of abating inflation

Sainsbury's cuts price of chicken, pasta and rice

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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.