M&S and Morrisons backed by Deutsche

The improving fortunes of Marks & Spencer and supermarket group Morrisons received further recognition in the City today.

M&S and Morrisons backed by Deutsche
Mon, 18 Sep, 2006 - 15:55

The improving fortunes of Marks & Spencer and supermarket group Morrisons received further recognition in the City today.

Investment house Deutsche Bank raised its profits forecasts for M&S and said the chain had the potential to turn its attention towards expanding store space after a prolonged period of restructuring.

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