The FTSE 100 has dropped sharply again this morning as fears over significant falls in the oil price and other macroeconomic issues weighed on stocks.
Is the retail recovery all smoke and mirrors?
Marks & Spencer has reported a heavy fall in profits over the year to 30 March, despite rising sales across the group as a whole.
Marks and Spencer has reported a fall in annual profits for the first time in three years as trading conditions worsen for high street retailers.
The FTSE 100 index fell by 0.4% on Friday, the first time it declined in four days. The benchmark index ended the day at 5703.02 points, off by 24.63 points.