Marks & Spencer leads FTSE drop

Food to fashion retailer Marks & Spencer led the blue chip fallers on the London market today as the group's cautious outlook took the shine off strong profits.

Marks & Spencer leads FTSE drop
Tue, 22 May, 2007 - 18:27
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Food to fashion retailer Marks & Spencer led the blue chip fallers on the London market today as the group's cautious outlook took the shine off strong profits.

Investors gave the company the thumbs down, with shares falling 5% or 35p to 703.5p, despite results cementing M&S' recovery.

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