‘Bum-boosting pants’ aside, I’m emotionally invested in M&S’s fortunes, but can’t think why | Barbara Ellen

Why do we treat it like a national treasure when it’s just another multinational business that wants our cash?Last week sometimes felt like standing in the midst of a triumphant hosiery and condiment-themed ticker-tape parade. I’m referring to the deluge of reports about the success of Marks & Spencer. M&S has topped the FTSE 100 leaderboard. It’s reported to be in its strongest financial health since 1997. The food is considered a treat during the cost-of-living crisis