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Bolland vows to boost M&S sales by 25 per cent

Marc Bolland, the chief executive of Marks & Spencer, has vowed to increase the retailer's sales by up to a quarter over the next three years by opening new UK and overseas stores, ramping up its online business and overhauling its brands.

UBS says credit crunch bosses are off the hook

UBS sought to brush its disastrous performance during the financial crisis under the carpet yesterday by admitting mistakes but ruling out any legal action against its former bosses.