MARKS & SPENCER’S interim chairman yesterday looked set to take the position on a permanent basis.

Marks & Spencer’s interim chairman is expected to take the position on a permanent basis, it was reported today.

Marks & Spencer today showed no sign of giving in to investor pressure to open its books up to retail tycoon Philip Green.

Takeover target Marks & Spencer is to return £2.3bn (€3.4bn) of cash to shareholders and focus on its core business as part of a strategy unveiled by chief executive Stuart Rose today.

Entrepreneur Philip Green is set to unveil a new bid valuing Marks & Spencer at up to £8.8bn (€13.3bn) this week, it was reported today.

The prospect of a drawn-out battle for ownership of Marks & Spencer grew today after the retailer came out fighting against Bhs owner Philip Green.

The newly-appointed team at Marks & Spencer is preparing to begin work at the troubled high street giant today.

A statement issued tonight by M&S after an announcement by retail tycoon Philip Green that he plans to launch a bid for the chain read: “The Board of Marks and Spencer Group notes the announcement made by Revival Acquisitions Limited."

Troubled retailer Marks & Spencer showed the result of a difficult year today despite reporting annual profits slightly ahead of expectations.

High street giants Marks & Spencer and Boots will be among a clutch of heavyweight companies to report results this week.

Troubled high street retailer Marks & Spencer is looking to increase the number of suppliers it deals with directly in a bid to cut out middlemen and reduce costs, it emerged today.

London shares were heading for their heaviest fall in more than a month today after world markets came under heavy pressure overnight.

Marks & Spencer today confirmed the departure of Luc Vandevelde after four years as chairman of the high street retailer.

Marks & Spencer is searching for a new chairman after Luc Vandevelde was forced out by boardroom colleagues and investors, it was reported.

MARKS & Spencer is searching for a new chairman after Luc Vandevelde was forced out by boardroom colleagues and investors, it was reported yesterday.

Marks & Spencer is searching for a new chairman after Luc Vandevelde was forced out by boardroom colleagues and investors, it was reported today.

Investors in high street giant Marks & Spencer were this week facing an anxious wait as the group prepared to give its latest trading update.

Retail giant Marks & Spencer is to offer up to 10,000 work experience placements to people in the UK facing barriers to getting a job, including the homeless and disabled.

SHARES in Marks & Spencer Group, Britain’s largest clothes retailer, headed for their fifth annual decline in six years on concern that the revival set in train by chairman Luc Vandevelde at the beginning of 2000 may have stalled.

High street giant Marks & Spencer put a difficult summer behind it today as it posted a 7.4% rise in first half profits.

Chief executive of Vodafone, Chris Gent is step down after 18 years of service with the world's largest mobile phone operator.

Staff at Marks and Spencer are sharing bonus payments totalling £43m sterling - around €65m.

Retail stocks have dominated the London agenda in recent days and this week will be no exception when some of the sector’s biggest British names report Christmas sales.

Marks & Spencer remains Europe’s number one clothing retailer thanks to the resilience of British consumers, a new report showed today.

The beleaguered London market had another tough session today as investors reacted to a slide on Wall Street last night.

UK Retail giant has announced Roger Holmes is to become the new chief executive of Marks & Spencer.

Luc Vandevelde, who has led the dramatic turnaround at retailer Marks & Spencer, is expected to announce this week he will switch to a part-time role.

Luc Vandevelde, who has led the dramatic turnaround at retailer Marks & Spencer, is expected to switch to a part-time role.

Marks & Spencer is to breathe new life into 100 of its stores with a £40m (€65m) refurbishment programme this year.

Marks & Spencer says some of its biggest stores will be open 24 hours a day in the run-up to Christmas.

The Footsie index of 100 leading stocks is up 45.2 points at mid-morning to stand at 5077.9, having pulled back from an earlier 35-point fall.

The Footsie index of 100 leading stocks is up 46.9 points at lunchtime at 5988.4, and a strong start to trading in the US could send the London index above the 6000 barrier for the first time since early March.

The FTSE-100 Index is down 41.9 points in thin trading as traders cash in on the rally in tech and telecom stocks.

Luc Vandevelde, the high-profile boss of troubled retailer Marks & Spencer, could be pressurised into giving up his controversial £810,000 bonus, it was claimed today.

Marks & Spencer is to axe 4,390 jobs as it closes its European subsidiaries and its Direct catalogue business in the UK.

Marks & Spencer has admitted losing touch with its shoppers after announcing that it suffered a slump in sales over Christmas.

Marks & Spencer has had a disappointing Christmas and New Year, with clothing and footwear sales dropping by 9.3%.

Marks & Spencer chairman Luc Vandevelde is expected to come under further pressure tomorrow when he reports what City analysts predict will be a disappointing set of Christmas trading figures.