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Stuart Machin

Coverage of Stuart Machin in the Nexus archive.

Earliest in view: May 20 · 10:00 UTCMost recent: May 20 · 10:00 UTC

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BUSINESSMay 20 · 10:00 UTCTHE GUARDIAN WORLD
Call for food price caps ‘completely preposterous’, says M&S boss
Marks & Spencer's CEO Stuart Machin opposes the government's proposal for voluntary price caps on essential food items, calling it completely preposterous. He suggests reducing tax and regulatory burdens instead. M&S already loses money on some basic items and makes slim profits on others.