The long-promised turnaround at Marks & Spencer has gathered pace with the High Street stalwart recording a leap in profits and sales, and the company pointed to a good start to Christmas pre-orders.
In its first update to the City since securing a return to the FTSE 100 four years after it dropped off the list, the food and clothing retailer did caution the outlook remains uncertain, with erratic weather and higher interest rates factors that could hit consumer behaviour.
