Summary
MARKS & Spencer posted an improvement in its quarterly sales trend yesterday, as executive chairman Sir Stuart Rose insisted "Armageddon has not taken place" in the high street.
Rose said he was "quietly confident" about trading prospects for Christmas, when the retailer will take on 20,000 temporary staff - 5,000 more than last year. "It's going to be an important third trading quarter for us," Rose said.See the full content of this document
Extract
Rose Upbeat On Signs of Growing Consumer Confidence
But he added that, with rising unemployment and taxes, including the restoration of VAT to 17.5 per cent fro...
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