City snapshot: Marks & Spencer’s first quarter like-for-like sales drop 0.5%

Marks & Spencer has reported a 0.5% fall in first quarter like-for-like sales, as the timing of Easter and improved performance in general merchandise led to an improved overall sales performance. Plus, retail sales rise 1.2% last month amid best food sales since 2012, McBride’s annual sales drop 5.9% and all the rest of the latest news from the City