No, he's doing it primarily because he genuinely believes in Mr Green. Lord Stevenson quickly became convinced he could do the same with M&S. Mr Green was already a doyen of private equity, having made huge sums of money out of assets that had defied the management skills of a string of predecessor owners

All the items it buys pass first through one of about 90 supplier distribution centres in the UK and then through one of its 10 company-owned distribution centres, before finally ending up in one of its 300-plus clothing stores.M&S declined to comment on the detail of Mr Rose's plans before his strategic update next

He is due to appear before US District Judge Adalberto Jordan on Tuesday. By accepting his responsibility for the crime, say US officials, he will avoid trial and have time off his sentence His lawyer says the story is far from over.. A massive explosion near Iran's border with Afghanistan killed at least 90