Third director quits M&S

Vittorio Radice has left troubled retail giant Marks and Spencer. He is the third director to quit in just over a week.

He had recently been given responsibility for the group's ailing clothing business and store revamp programme.

The departure had been anticipated since Stuart Rose took control of the group.

Radice, who will leave the company on Friday, said in a statement today: "This is a very exciting time for the icon brand on the high street. I wish the new team at Marks & Spencer well for the future."