M&S's CEO sees foundation for recovery - Yahoo! Finance

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Monday November 23, 03:18 PM
Reuters


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M&S's CEO sees foundation for recovery

LONDON (Reuters) - Britain's economy has hit bottom and there are secure foundations for a recovery, the chief executive of one of the country's top retailers said on Monday.

"I think we have got to the bottom and we have some fairly secure foundations" for recovery, Marks & Spencer Chief Executive Stuart Rose told the CBI business lobby.

(Reporting by Huw Jones and Clara Ferreira-Marques)

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