Profits fall at Marks and Spencer updates news aggregator

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in the current market, customers are increasingly econcerned about value and we know that we have to respond accordingly, he said .

salest of food and clothing both fell more than 5.7% during the period .

the economic environment has changed dramatically and we are now facing the most difficult retail conditions since the early 1990s, sir stuart said .

half-year profits at marks and spencer have fallen 34% as the weakening economy has hit consumer confidence .

Generated 2008-11-7_0:4

http://news.bbc.co.uk/go/rss/-/1/hi/business/7707578.stm
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