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Steve Hawkes, Retail Correspondent Rebel Marks & Spencer investors claimed a moral victory yesterday as almost one in four of the company’s shareholders refused to back Sir Stuart Rose’s controversial promotion to executive...
INTEREST were kept on hold for the third month in a row today as the Bank of England continued its fight to keep inflation under control. The Bank held borrowing costs at 5% despite mounting signs of economic gloom, prompting...
It is quite easy to argue that one of the main reasons we have a banking disaster on our hands is that shareholders decided to give bankers bonuses based on their performance. But, paradoxically, though performance pay got us...
When it comes to the business of fashion, can a plunging neckline equate to plunging sales? The female shareholders of Marks & Spencer seem to think so, and have reportedly accused M&S executives of offering up designs with too...
By Mark Potter LONDON (Reuters) - Not for the first time, a rose was dividing Britons on Wednesday. In the fifteenth century, the red and white rose emblems of the feuding royal houses of Lancaster and York split the country....
'At this point, I might risk a little joke," said Sir Stuart Rose during yesterday's annual meeting of Marks & Spencer shareholders. "I'm going to take off my chief executive's hat and put on my chairman's one." Nobody laughed....
