M&S, Facebook, Primark: Everything that matters this morning

M&S sees 2% rise in profit as it accelerates transformation
M&S is accelerating the pace of its transformation programme, with all areas of the business, including marketing “undergoing scrutiny and change”.
It comes as the retailer posts a 2% rise in profit before tax and adjusting items of £223.5m for the 26 weeks to 29 September, despite group revenue being down 3.1% to £4.97bn.
Over the past six months the business has implemented a new management structure a