Marks & Spencer steps up changes as directors retire

Marks & Spencer PLC announced the retirements of two of its most senior directors. Fifty-seven year-old Lord Stone will retire as Marks's clothing business director in the UK. James Benfield will also retire, although his departure came as more of a surprise than Lord Stone's. Lord Stone is said to be planning to spend more time to the House of Lords, of which he is a working peer.