Marks & Spencer Share News (MKS)

IN BRIEF: J Sainsbury adds Sage CEO and former M&S co-CEO to board

J Sainsbury PLC - London-based supermarket chain - Names Steve Hare, the chief executive officer of accounting software firm Sage Group PLC, and Katie Bickerstaffe, the former co-CEO of retailer Marks & Spencer Group PLC, as new non-executive directors, both joining at the Sainsbury's annual general meeting in July. In addition to M&S, Bickerstaffe has held senior positions at electricity supplier SSE PLC, electrical goods retailer Dixons Carphone and electrical goods maker Dyson, and consumer goods firms Pepsico Inc and Unilever PLC. She currently is a non-executive director of housebuilder Barratt Redrow PLC, investment manager Aberdeen Group PLC, and technical products distributor Diploma PLC, where she is senior independent director.

London close: Stocks lower on Trump's latest tariff surprise

(Sharecast News) - London stocks ended lower on Thursday as investor sentiment weakened following a surprise announcement by Donald Trump of a new 25% tariff on all imported cars and car parts.

London close: Stocks higher as Reeves delivers Spring Statement

(Sharecast News) - London stocks closed modestly higher on Wednesday, supported by investor reaction to the chancellor's Spring Statement and a larger-than-expected drop in UK inflation.

Temple Bar Investment raises dividend, upbeat on UK investments ahead

(Alliance News) - Temple Bar Investment Trust PLC on Friday raised its dividend after reporting an improved net asset value, as NatWest Group PLC, Barclays PLC and Standard Chartered PLC contributed strongly to the portfolio in 2024.

LONDON BROKER RATINGS: HSBC raises Lloyds Banking to 'buy'

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

Tesco, Sainsbury's slide as Asda says overhaul will dent profits

(Sharecast News) - UK supermarket stocks tumbled on Friday after Asda said it would undertake a "substantive" programme of investment in price, availability and the shopping experience to get the business "firing on all cylinders again" that will "materially" dent its profits.

IN BRIEF: AEW UK buys "high-yielding" retail asset in "affluent" town

AEW UK REIT PLC - Leeds, England-based real estate investment trust - Announces completion of its purchase of a freehold high-street retail asset in Hitchen, an "affluent commuter town" north of London, for GBP10.0 million. Says the price reflects an "attractive" 8.31% net initial yield and a GBP213 per square foot capital value. Property provides 46,905 square feet of space across 12 retail units and an office building. AEW says the retail units "are fully let to a strong line-up of 12 tenants, with recent leasing activity evidencing the strength of the location". Tenants include Marks & Spencer PLC, Next Holdings Ltd and Vodafone Ltd. AEW says the acquisition demonstrates its "swift and ongoing redeployment of sale proceeds from the recent disposal of Central Six Retail Park in Coventry, with a significant amount of the remaining proceeds also under exclusive negotiation".

Britain's John Lewis to step up investment as profit trebles

2024/25 profit 126 mln stg vs 42 mln stg

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Law Debenture ups payout as net asset value grows; praises Rolls-Royce

(Alliance News) - Law Debenture PLC on Wednesday said its investments in Rolls-Royce Holdings PLC and Marks & Spencer Group PLC performed well last year, as the investment trust's net asset value grew strongly.

New Brexit rules risk leaving "gaps on shelves" in Northern Ireland

(Alliance News) - New post-Brexit labelling rules could see "gaps on shelves" in Northern Ireland by July, a Westminster committee has heard.

John Lewis and Currys latest UK retailers to give inflation-busting pay rises

John Lewis gives 65,000 workers 7.4% pay hike

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Marks & Spencer raises retail staff pay with £95m investment

(Sharecast News) - Marks & Spencer announced on Wednesday that it is making its biggest-ever investment in pay for retail staff to lift minimum wages to at least the Real Living Wage.

Britain's M&S gives store workers 5% pay rise

Store workers to be paid at least 12.60 pounds/hour

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Britain's M&S gives store workers 5% pay rise

LONDON, March 5 (Reuters) - British clothing and food group Marks & Spencer said its 50,000 retail workers will get a 5% pay rise from April 1, an investment of 95 million pounds ($122 million).

Ocado shares dive as robotic roll-out disappoints

Adjusted EBITDA trebles to 153.3 million sterling

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