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Latest Financial News
- M&S unveils cost cuts as sales fall
The UK's biggest clothing retailer, averted a profit warning but responded to weak Christmas sales – UK like-for-like sales fell 7.1% in the 13 weeks to December 27 – with a massive cost-cutting plan - Darling in new alert on depth of recession
Chancellor warns Britain was 'far from through' the recession, in a signal he will have to abandon the forecast that the recovery would start in the second half of 2009

