Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video 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: 276.30
Bid: 276.20
Ask: 276.40
Change: -0.50 (-0.18%)
Spread: 0.20 (0.072%)
Open: 276.70
High: 277.50
Low: 274.70
Prev. Close: 276.80
MKS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 1-German haulier suspends UK-bound shipments to clear backlog of incorrect documents

Wed, 13th Jan 2021 19:18

(Adds details on expected shipment volumes, Brexit background)

By Ludwig Burger

FRANKFURT, Jan 13 (Reuters) - German logistics group DB
Schenker said it would stop accepting Britain-bound consignments
for the time being after the Brexit trade deal between the
European Union and Britain left customers confused over customs
requirements.

The haulier, a subsidiary of Germany's state-owned railway
group Deutsche Bahn, said on Wednesday it needs to clear a
backlog of missing or wrongly filled-in customs forms before it
can accept any new business because only about one in ten
UK-bound shipments are fully documented.

DB Schenker is the leader in European land transport serving
auto makers, drugmakers and retailers, among other industries,
according to its website.

In its statement, the company pleaded with customers to
familiarise themselves with the new paperwork requirements and
pointed to specially trained DB Schenker staff for assistance.

"DB Schenker expects a further increase of shipments in
January. The logistics service staff will only be able to
process these swiftly if there is a considerable rise in the
rate of shipments with complete papers."

The transition to the new trade regime has been bumpy.
Scottish fishermen have warned that the trade deal has disrupted
their export routines and put their business at
risk.

British retailer Marks & Spencer said last week the
new rules was responsible for near-empty fresh-food aisles at
some of its stores in Ireland.

Prime Minister Boris Johnson said on Wednesday that problems
in supplying supermarkets in Northern Ireland might prompt
Britain to trigger safeguard provisions in the divorce
deal.
(Reporting by Ludwig Burger;Editing by Elaine Hardcastle)

More News
19 Apr 2024 16:56

London close: Stocks mixed as investors watch Middle East newsflow

(Sharecast News) - London's stock markets closed in a mixed state on Friday as traders kept a close watch on escalating tensions in the Middle East.

Read more
17 Apr 2024 08:53

LONDON MARKET OPEN: Stocks mixed as UK data douses BoE cut hope

(Alliance News) - Stock prices in London opened mixed on Wednesday, with the FTSE 100 underperforming European peers, with a hotter than expected UK inflation reading lifting the pound.

Read more
16 Apr 2024 08:38

UK discounter B&M expects full-year profit at top end of guidance

2023/24 revenue up 10.1% to 5.5 bln stg

*

Read more
11 Apr 2024 15:56

London close: Stocks finish lower as ECB stands pat

(Sharecast News) - London's stock markets finished in negative territory on Thursday, as investors reacted to the European Central Bank's latest policy announcement and a producer price index release in the United States.

Read more
11 Apr 2024 08:59

LONDON BROKER RATINGS: JPMorgan raises M&S; HSBC likes Kingfisher

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

Read more
11 Apr 2024 07:54

JPMorgan upgrades Marks & Spencer to 'overweight'

(Sharecast News) - JPMorgan Cazenove upgraded Marks & Spencer on Thursday to 'overweight' from 'neutral' and lifted the price target to 330p from 260p as it took a look at European general retail.

Read more
11 Apr 2024 07:49

LONDON BRIEFING: Astra promises dividend hike; Darktrace ups guidance

(Alliance News) - Stocks in London are called to open slightly higher on Thursday, as investors eye the latest interest rate decision from the European Central Bank, a day after a hotter-than-expected US inflation reading.

Read more
8 Apr 2024 16:52

London close: Stocks rise at start of busy week

(Sharecast News) - London markets closed with gains on Monday as investors exercised caution ahead of key events later in the week.

Read more
27 Mar 2024 11:16

TRADING UPDATES: Sorted renews M&S deal; Tribe completes drill build

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
26 Mar 2024 17:05

UK's FTSE 100 edges higher as retailers stocks climb

Petershill Partners up on mulling share buyback plan

*

Read more
26 Mar 2024 16:59

LONDON MARKET CLOSE: FTSE 100 closes higher on busy corporate day

(Alliance News) - Stock prices in London closed higher on Tuesday, as investors are waiting to see a key inflation reading from the US on Friday.

Read more
26 Mar 2024 12:02

LONDON MARKET MIDDAY: FTSE 100 flat amid China-West tension

(Alliance News) - The FTSE 100 recovered slightly from a tricky morning on Tuesday to trade flat heading into the afternoon, though simmering global tensions have kept a lid on its progress in the early part of the week.

Read more
26 Mar 2024 11:04

Ocado Retail sales rise as sharper prices win customers

Q1 revenue up 10.6%

*

Read more
26 Mar 2024 09:29

Ocado, M&S still talking over final Ocado Retail payment, says jv CEO

LONDON, March 26 (Reuters) -

Read more
26 Mar 2024 09:09

TOP NEWS: Ocado Retail backs outlook after strong start to 2024

(Alliance News) - Ocado Retail Ltd on Tuesday said sales had grown strongly at the start of 2024 boosted by a broader product range and price cuts.

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.