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Pin to quick picksMarks & Spencer Share News (MKS)

Share Price Information for Marks & Spencer (MKS)

London Stock Exchange
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Share Price: 261.10
Bid: 261.90
Ask: 262.10
Change: 2.80 (1.08%)
Spread: 0.20 (0.076%)
Open: 261.90
High: 265.40
Low: 261.10
Prev. Close: 258.30
MKS Live PriceLast checked at -

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UK government stands ready to support M&S workers, says PM's spokesman

Mon, 20th Jul 2020 13:19

LONDON, July 20 (Reuters) - Britain's government is ready to
support those workers who will lose their jobs at retailer Marks
& Spencer, a spokesman for Prime Minister Boris Johnson
said on Monday.

Marks & Spencer plans to cut 950 jobs as part of a
store management revamp, dealing a further blow to a sector
ravaged by the COVID-19 crisis.

"We know that this will be worrying news for M&S employees
and their families and we stand ready to support them. Affected
employees will be able to access a wide-range of support
including universal credit and the job seekers' allowance," the
spokesman told reporters.

(Reporting by Elizabeth Piper, editing by William James)

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