The Treasury Profile For Marks & Spencer PLC Essay

The exchequer Profile For Marks & Spencer PLC - Essay ExampleThe strategies and policies for administering these risks are being deliberated in this research essay.M& S is offering high grade quality clothing, foreign food and top grade home products. It has in any case expanded its operations in many inappropriate nations and is now operate in 43 foreign locations other than UK. M& S offers a wide range of high grade quality clothing, exotic food and top grade home products, which includes categories like kitchen accessories, house accessories, novelty gifts, decorations, various brands TVs, wo manpowers accessories and clothing, mens underwear accessories and clothing, office supplies, lingerie, mens shoes, etc. Marks & Spencer Group is having a centralized Group treasury department to administer the funding requirements of the group and to bang the financial risk in tune with its approved Boards treasury procedures and policies and operate within their delegated powers.M&S is having a record of twenty one million satisfied customers in UK alone. It has achieved only a marginal extend in sales of 0.44% in the family 2009 as compared to 2008 due to impact of global economic recession. M& S is constantly paying its attention to customers by frequent surveys and research analysis, by monitoring sales and direct feedback from its customers service team.M& S is one of the leading retail stove stores in UK and also operates in many other countries. It has record sales of M 9062.10 in the year 2009. Given its scale and size of the company, it is under heavy pressure to finance its both working cap needs and also in the long-term debt needs. To facilitate its funding needs, M&S group is operating a centralised Group treasury department to administer the funding needs of the group and to manage and control the financial risks in line with its Board of Directors acknowledged treasury policies and with facilitate of their delegated authorities.Treasury