Why M&S is about to drop out of FTSE 100

Struggling high-street stalwart loses its place among the UK’s top 100 companies

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(Image credit: Oli Scarff/Getty Images)

Marks & Spencer is to be relegated from the FTSE 100 index of the UK’s biggest companies.

It is the first time the retailer has dropped out of the top set since the FTSE 100 was launched in 1984.

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