The company moves to accelerate the recovery of its struggling clothing business by removing Jill McDonald from her post.
The development was confirmed less than 24 hours after a report by Sky News that her departure was likely.
The company stopped short of saying that Ms McDonald had been forced out but it is understood there was no inclination she wished to leave – almost two years since her appointment.
The decision to hire her raised eyebrows at the time as she had no previous fashion experience.
M&S poached her from Halfords – where she was chief executive following a spell in charge at McDonald’s UK.
Airbus Broughton jobs will rise by nearly 900 as the planemaker hires 430 this year and refits its empty A380 wing plant to build the long-range A321.
The Sprive mortgage app, backed by three Dragons' Den investors, has closed a $10m series A round and says it has saved users more than £300m in interest.
Kemi Badenoch says a Tory government would restore tax-free shopping for international visitors, reversing the 2021 decision to scrap VAT refunds.
