Marks and Spencer has long been a British institution. Since its creation in , Marks and Spencer has been a high street staple with almost shops in the UK and in more than 30 countries around the world.

Marks and Spencer is also the largest clothing retailer in Britain and many of its domestic stores also have a food range made famous by a nationwide TV advert campaign. More recently though, Marks and Spencer has branched out into homewares, furniture and technology.

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Some of Marks and Spencers' peak years were in the mid-nineties as its profits soared and it became the first shop to reach a pre-tax profit of over 1 billion pounds.

However, in hindsight its then owner may have been pushing too hard for profit margins and in the early s, the company took a nosedive with a 2. In March , the net profit had increased to m.

This massive growth is in part due to the recruitment of younger designers to make the shop more appealing to a younger market. Also, the food side was expanded and has gained a reputation as producing high-quality food.

Despite a new found popularity, share prices have taken a plunge during mid due to conservative shopping during the credit crunch. Current revenue stands at 9.

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The FTSE got off to a strong start on Monday morning, as the Brexit discussions began. The early focus of the negotiations was on commerce, and whether or not ongoing single market access could still be an option.

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The FTSE put in a strong showing on Tuesday as Americans flooded polling stations to place their vote in one of the most fiercely fought elections in US history.

The election is expected to conclude by 4AM UK time, but there could still be some political horseplay, or a legal challenge against the outcome of the vote. Share prices delayed by at least 15 minutes.

This site does not provide investment advice, you should consult an Independent Financial Advisor that is authorised and regulated by the Financial Services Authority before making any investments. FTSE Strong as US Election Begins News - Tuesday, November 08, The FTSE put in a strong showing on Tuesday as Americans flooded polling stations to place their vote in one of the most fiercely fought elections in US history.

Daily Weekly Monthly Yearly. FTSE Latest Value Change 7, MKS Price Details LSE MAIN Listed Equity.