Marks & Spencer eyes higher shareholder returns

Marks & Spencer has signalled plans to increase shareholder returns in the coming years as it looks to balance heavier investment with growing confidence in its turnaround.
Chief financial officer Alison Dolan told shareholders at the retailer’s annual meeting that M&S was in a stronger financial position, supported by a robust balance sheet, net funds and an investment-grade credit rating.
“What that will mean is that over the coming years we will be in the position both to