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Marks & Spencer

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&S has had plenty of “false dawns”, but is it now “finally regaining its mojo”? Management has raised full-year profit guidance after an unexpectedly strong start to its financial year. A joint venture with Ocado has “transformed the prospects” of the food business, with sales up by 10.8% on a year before during the 19 weeks to 14 August. The underperforming home and clothing division is also showing signs of life, especially