Daily Mail

More M&S job cuts

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Marks & spencer is slashing a further 350 jobs as it prepares to shut 100 stores over the next few years.

The retailer’s job cuts add to hundreds already announced this year as it closes a factory in London and moves operations to Hertfordsh­ire.

according to documents seen by the Guardian, sales in its shops have plunged 7.5pc over the past two years while management costs have grown.

a spokesman said: ‘M&s is transformi­ng and this is a tough but necessary decision to take to ensure our stores support the future of the business.’

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