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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: Resurgent M&S restores dividend, ITV under pressure, shares close down

The first Marks & Spencer dividend in four years amid the latest signs of turnaround progress today sparked a big jump for the retailer’s shares.

The M&S recovery is in contrast to the fortunes of ITV investors, with the commercial broadcaster under pressure after its latest trading update.

Stock markets otherwise struggled for direction as investors await more clues on whether interest rates have peaked in the UK and United States.

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