Marks & Spencer boss hails ‘growth story’ as annual profits rise 41%
Pre-tax profits increase to £672.5m and retailer says it will reduce costs further as part of five-year planBusiness live – latest updatesThe boss of Marks & Spencer says he is hopeful of a “growth story for years to come” after the revitalised retailer won over 1 million more shoppers to boost profits by 41%.Stuart Machin, the chief executive, said it was “the beginnings of a new M&S” and there was “wind in our sails and confidence that our plan