Brief: Marks and Spencer ramps up financial services - MoS

Brief: Marks and Spencer ramps up financial services - MoS

UK retailer Marks and Spencer aims to double it profits from its financial services division to £170 million within the next four years by launching a credit and loyalty card, according to the Mail on Sunday.

According to the report, the credit card scheme will make Marks and Spencer one of the contry's biggest card issuers.

The move, expected to be unveiled in May, follows trials at nine stores in South Wales.

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