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Marks and Spencer shares slide as investors brace for inflation hit
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Marks and Spencer shares slide as investors brace for inflation hit
Shares in Marks and Spencer have taken a dip as investors fear that rising inflation will push shoppers away from the upmarket grocer and towards its budget rivals. FTSE-100-listed M&S, whose food arm accounts for more than half of its revenue, dropped as much as four per cent on Wednesday to 357p. The share price [...]
16 Sept, 14:20
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