Marks & Spencer posted a return to profit today as its departing boss Steve Rowe declared the retailer had the “opportunity for substantial future growth”.
Rowe, who is stepping down after six years as chief executive, said M&S had “moved beyond proving its relevance” after confirming its recovery from last year’s pandemic-led loss with a surplus of £391.7 million for the year to April 2.
In other corporate results, renewables firm SSE said its investment into UK and Ireland infrastructure could exceed £25 billion this decade as it faces up to the threat of a windfall tax.
