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Marks & Spencer to sell food in Australia amid international growth

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Marks & Spencer to sell food in Australia amid international growth



Marks & Spencer is to sell its food products in shops in Australia for the first time amid efforts to grow further globally.

The British brand said it has struck a partnership to sell products in Coles supermarket stores.

Bosses have said the group believes there is significant opportunity to grow its wholesale business, targeting new regions globally.

M&S products will sold in Coles stores from Wednesday November 19, with an extended range available for some shoppers online.

The retailer said the deal follows the “success” of its food wholesale partnership with the Target chain in the US.

M&S’s Australian expansion comes after its launched fashion supply agreement with the David Jones department store business in the country earlier this year.

The expansion comes amid renewed focus on international ambitions, having scaled back some of its franchise operations over the past decade, which included store closures in China and France.

Mark Lemming, managing director of international at M&S, said: “With consistent growth in Food in the UK business and strong brand momentum as the UK’s most trusted retailer there is now so much opportunity for us to grow our business globally.

“Wholesale is a relatively new channel for us, but one that provides lots of opportunity to scale, sell and serve our food business to even more customers around the world.”

Anna Croft, chief commercial officer at Coles, said: “We’re excited to join forces with Marks & Spencer to bring their quality food range to Australia, allowing millions of Aussies to savour the very best of British right here at home.”



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Bank of England hints at higher rates as Iran war fuels inflation

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Bank of England hints at higher rates as Iran war fuels inflation



The Bank of England votes for no immediate change to borrowing costs as it monitors the knock-on effects of the Middle East conflict.



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India’s FDI inflow may cross $90 billion in FY26, says DPIIT secretary – The Times of India

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India’s FDI inflow may cross  billion in FY26, says DPIIT secretary – The Times of India


India’s total foreign direct investment (FDI) inflows are likely to cross $90 billion in 2025-26 after already surpassing $88 billion during April-February, a top government official said on Thursday.DPIIT Secretary Amardeep Singh Bhatia said the government had undertaken a series of policy measures to attract foreign investments into the country, PTI reported.He said that during April-February 2025-26, inflows had crossed $88 billion and were “hopefully crossing $90 billion” for the full fiscal year.According to Bhatia, reform measures, free trade agreements and India’s fast-growing economy are helping the country attract strong investment flows.This reflects continued momentum in foreign investment inflows amid the government’s push to improve ease of doing business and expand global trade linkages.



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Oil jumps to highest price since 2022 after report Trump to be briefed on new Iran options

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Oil jumps to highest price since 2022 after report Trump to be briefed on new Iran options


“It does seem as though escalation in the war is back on the table, be it in the guise of the US continuing its blockade in Iran, but also reports and rumours that in order to get out of this bind, Iran may start to strike again,” said Naveen Das, senior oil analyst at Kpler.



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