M&S reports 7.4 per cent increase in pre-tax first-half profits

Marks & Spencer has reported a 7.4 per cent increase in pre-tax first-half profits to £311.5m. Overall retail sales grew by 4.3 per cent to £3.3bn, but clothing sales were up by just 2.5 per cent.

Marks & Spencer has reported a 7.4 per cent increase in pre-tax first-half profits to &£311.5m. Overall retail sales grew by 4.3 per cent to &£3.3bn, but clothing sales were up by just 2.5 per cent.