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    Mixed economic fortunes for Royal Mail and Marks and Spencer

    PressAssociation

    by PressAssociation

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    By: Phil Vinter
    Royal Mail unveiled a big jump in profits to £440 million today as it took another step towards a possible stock market flotation later this year.Marks and Spencer's boss Marc Bolland brushed off speculation about his future today as the retailer delivered its worst annual profits figure in four years amid a disastrous performance from its clothing lines.