Marks & Spencer reports 11.5 per cent increase

Marks & Spencer has reported an 11.5 per cent increase in pre-tax profits to £721.3m for the 52 weeks ending March 29 on a turnover of £8.

Marks & Spencer has reported an 11.5 per cent increase in pre-tax profits to &£721.3m for the 52 weeks ending March 29 on a turnover of &£8.1bn, up six per cent on last year. The retailer has confirmed that it is to launch a new credit card and loyalty card scheme.

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