Food sales were up 7%, clothing sales down by one third, with sales in High Street and city centre outlets sharply down. One of the new online ventures, a joint venture with Ocado, is proving a success. One quarter of every Ocado delivery is now M&S products, and the partnership contributed £78m of profit.
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Covid: Travel changes too late to halt potential new wave – scientist
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He told BBC Radio 4’s The World This Weekend: “What you will find is as this proceeds, and as...
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Lockdown lessons: The firms adapting and thriving
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Lockdown: ‘I’ve borrowed £4m just to remain closed’
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Bank of Family helps nearly half of home buyers
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“Whilst the majority are mums and dads helping out, also grandparents, aunts and uncles and even friends of the...
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AI to hit 40% of jobs and worsen inequality, IMF says
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“It is crucial for countries to establish comprehensive social safety nets and offer retraining programmes for vulnerable workers,” Ms...
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Facebook agrees to pay France €106m in back taxes
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Image copyright Getty Images Facebook has agreed to pay the French government €106m (£95.7m) in back taxes to settle...
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Inflation: Food and furniture cost drive inflation higher
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As cuts in VAT for hospitality and tourism end at the end of March and energy prices rise, “that...
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Royal Mail parcels overtake letters for first time
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Royal Mail said that on its busiest day it processed 2.5 million tracked parcels while its international parcels business,...
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HMV boss says more people buying DVDs and Blu-ray
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More shoppers are buying Blu-Ray and DVDs of movies and TV shows despite the rise in streaming platforms, the...
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