M&S sees a jump in demand for food and a surge in online clothes' orders

Company pointed to substantial Brexit related effects on the supply of food to its businesses in Ireland and France.

Food revenue jumped 10.8% on last year and 9.6% on the year before. Picture Dan Linehan

Marks & Spencer upgraded its profit outlook after a jump in demand for food and a surge in online clothes' orders indicated that its latest turnaround plan was starting to deliver.

Shares in the 137-year-old chain, one of the biggest names on the high street, jumped 12% as the company said it was enjoying more than just pent-up consumer demand that followed months of lockdowns and disruption during the pandemic.