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| Version 0 | Version 1 |
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| Marks and Spencer sees profits and sales fall | Marks and Spencer sees profits and sales fall |
| (40 minutes later) | |
| Marks and Spencer has reported a fall in both profits and sales, blaming the "challenging economic environment". | Marks and Spencer has reported a fall in both profits and sales, blaming the "challenging economic environment". |
| The retailer made a href="http://corporate.marksandspencer.com/documents/press_releases/2011/half_year_results_201112" >pre-tax profit of £320.5m in the six months to 1 October, 8% lower than the same period last year thanks to declining non-food sales. | |
| While its like-for-like UK sales - which exclude the impact of new store openings - were up 0.5% for the half year as a whole, they declined 0.7% in the final three months. | While its like-for-like UK sales - which exclude the impact of new store openings - were up 0.5% for the half year as a whole, they declined 0.7% in the final three months. |
| Its total half-year revenues rose 2.4%. | Its total half-year revenues rose 2.4%. |
| While M&S's food sales rose during the six months, those of its clothing lines and other products declined. | While M&S's food sales rose during the six months, those of its clothing lines and other products declined. |