rosie2008:
My only concern here is it`s Marks and Spencer

Do they really have the stock?? They have the worst stock control online IMO.
I used to work there, it is very disorganised, I think they sell stuff they dont have, I mean take your money then ram a big order to the supplier. I would not want to pay up front for anything right now , which is more than £20. On M&S projected profits they will have trouble paying the next dividend to the shareholders. Something has to give, I think they are also pretty close to breaching their debt covenants, sales will fall further over the next 2 years. I don't want to sound negative, but they also had trouble paying wages a few months back. Huge liabilities versus little assets.