FTSE LIVE: UK shares slide back from record high

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This Is Money

The FTSE 100 was on the slide this morning after two consecutive record high closes. Investors appear to be cashing in on the sharp rises to bank some profit after the market began to look a touch overdone.

Marks and Spencer tops the companies news list, with the iconic retailer reporting a steep fall in profits just a day after announcing store closure plans. 

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