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M&S chief slams food price caps plan as ‘preposterous’
By Steve Farrell2026-05-20T09:00:00
Source: Marks & Spencer
Stuart Machin said the majority of products in the firing line were already voluntarily frozen in price and loss-makers for M&S
The chief of M&S has slammed the government’s suggestion of a price cap on food essentials as “preposterous” and said it should try to understand business better.
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