News

Marks & Spencer has joined retailers trying to lure shoppers on to the high street before Christmas with plans for a flash sale across its stores tomorrow.

Jeremy Warner's Outlook: Rose defends a grim update from M&S

Sir Stuart Rose, the newly knighted chief executive of Marks & Spencer, was uncharacteristically tetchy and defensive during his press call yesterday to announce the retailing giant's trading update. Who wouldn't have been after the jaw-dropping 20 per cent collapse in the share price that greeted the news of a 2.2 per cent fall in UK like-for-like sales?

Ellis Cashmore: Sticks and stones

Name-calling by DJ Chris Moyles and David Cameron heralds a revival of white male arrogance

Dom Joly: How I became a high-flying assassin

To the Maldives for a week's scuba diving with Stacey. I love starting a column with the words "To somewhere..." as it sounds very international jet set. Whenever anyone writes a diary column for a magazine such as The Spectator, say Joan Collins or The Duchess of Kent, it always starts with something like: "To Villa Este for Count Borginose's 60th birthday celebrations. Paolo De Montiforte was there, looking not a day older than he did at Jonny Morgan's legendary bash in Naples in the summer of 1958."

Terence Blacker: When self-exposure is a necessary evil

A rampant alternative reality will clearly have a profound effect on the way we live and work

Rose clears out the old guard at M&S

Half-year profits collapse as like-for-like sales fall 4% - Battle to fight off Philip Green cost £35m

M&S chief tells investors retailer 'is no basket case'

Stuart Rose, the chief executive of Marks & Spencer, said yesterday the flagging high street retailer would come out fighting for this year's Christmas period, saying the business was not the "basket case" its critics believed.

Rose spends £575,000 on M&S shares

Stuart Rose, the chief executive of Marks & Spencer, spent £575,000 yesterday buying shares in the retailer that last week saw off a £9.1bn bid attempt from Philip Green.

Rose: Marks is formal, middle-class and boring

It was back to basics yesterday for Stuart Rose, the Marks & Spencer chief executive, when it came to explaining how he was going to fix M&S, a store chain which he admitted was seen as "formal, middle-class and boring".

Rose goes on offensive in row with Goldman Sachs

Stuart Rose, the chief executive of Marks & Spencer, last night resorted to the Data Protection Act in the latest twist to the escalating row between himself and Goldman Sachs, the investment bank he claims is guilty of trying to damage his reputation.

Friends

Philip Green's friends are a lucky bunch. Three of them - Tom Hunter, Michael Spencer and Stuart Rose (among Britain's richest men) - made enormous profits when their pal made a bid to take over Marks & Spencer. They shortly before bought huge numbers of shares in the company. All three deny knowledge of Mr Green's imminent bid, of course, but the Financial Services Authority has launched an investigation. Whether these men are found guilty or not, it was hardly a wise move by any of them. The impression, even if wrong, that this group of wealthy men have abused their position will not be easily expunged.

Rose defends M&S share dealings ahead of FSA questioning

Investors back embattled chief executive * Goldman's refuses to retract claims

Rose tells M&S clothing suppliers to slash prices

Stuart Rose, Marks & Spencer's new chief executive, is putting pressure on the retailer's clothing suppliers to slash their prices as he seeks to shake up the group's supply chain. Industry sources said Mr Rose had asked some of M&S's top clothing suppliers to lower the prices they charge by 5 to 7 per cent.

Rose to set out blueprint for reviving M&S

Stuart Rose yesterday whetted investors' appetites by promising to come up with a blueprint for transforming Marks & Spencer's fortunes in less than four weeks.

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