Margareta Pagano: Financial experts are eating humble pie – as well as cheap risotto
In these frugal days, buying Tesco's mushroom risotto for £1.99 rather than paying double at Marks & Spencer looks a good deal. Even the better-off are now going to cheaper shops to save on food now that petrol costs as much as gold. It's this change in behaviour that is hurting Marks & Spencer so badly and which prompted last week's profit warning. And it's why Sir Stuart Rose is going to have to pull off the performance of his life when he appears at the Royal Festival Hall this Wednesday.
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