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M&S profit tops hopes; consumers upbeat



By Mark Potter and James Davey
04 November 2009 @ 09:36 am BST


A branch of Marks and Spencer is seen in London
A branch of Marks and Spencer is seen, in London on October 1, 2008.
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It bucked an industry trend for falling sales with a 0.3 percent rise in outlets open at least a year in the 13 weeks to October 25.

Housebuilders Taylor Wimpey and Redrow both reported an improving housing market, sending their shares up as much as 11 and 6 percent respectively.

(Additional reporting by Matt Scuffham and Lorraine Turner in London and Tresa Sherin Morera in Bangalore; editing by Simon Jessop and Hans Peters)

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