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    MKS   GB0031274896

MARKS AND SPENCER GROUP PLC

(MKS)
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UK to launch daily COVID tests in food sector to tackle 'pingdemic'

07/22/2021 | 05:00pm EDT

LONDON, July 22 (Reuters) - Daily contact testing will be rolled out to workplaces in Britain's food sector so staff who have been 'pinged' by the COVID-19 app can keep working if they test negative rather than isolating, the government said on Thursday.

Supermarkets have said some products are in short supply and petrol stations have been forced to close after the official health app told hundreds of thousands of workers to isolate following contact with someone with the virus.

British newspapers carried front-page pictures of empty shelves in supermarkets and declared a "pingdemic".

The government said priority testing sites had been identified for urgent implementation this week, including the largest supermarket distribution centres, and up to 500 sites would start next week.

Health Secretary Sajid Javid said throughout the pandemic, workers in the food and drink sector had done everything they could to keep the country's shelves stacked and fridges full.

"As we manage this virus and do everything we can to break chains of transmission, daily contact testing of workers in this vital sector will help to minimise the disruption caused by rising cases in the coming weeks, while ensuring workers are not put at risk," he said. (Reporting by Paul Sandle; Editing by Andrew Heavens)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
J SAINSBURY PLC 0.60% 283.7 Delayed Quote.25.23%
MARKS AND SPENCER GROUP PLC 0.11% 182.4 Delayed Quote.33.82%
OCADO GROUP PLC -3.90% 1700 Delayed Quote.-25.67%
TESCO PLC -0.47% 255.95 Delayed Quote.10.61%
WM MORRISON SUPERMARKETS PLC 0.93% 293.8 Delayed Quote.65.66%
All news about MARKS AND SPENCER GROUP PLC
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Analyst Recommendations on MARKS AND SPENCER GROUP PLC
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Financials
Sales 2022 10 258 M 14 093 M 14 093 M
Net income 2022 254 M 349 M 349 M
Net Debt 2022 3 249 M 4 463 M 4 463 M
P/E ratio 2022 14,7x
Yield 2022 0,74%
Capitalization 3 571 M 4 911 M 4 905 M
EV / Sales 2022 0,66x
EV / Sales 2023 0,63x
Nbr of Employees 69 577
Free-Float 99,7%
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Technical analysis trends MARKS AND SPENCER GROUP PLC
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 23
Last Close Price 182,40 GBX
Average target price 188,77 GBX
Spread / Average Target 3,49%
EPS Revisions
Managers and Directors
Steve Rowe Chief Executive Officer & Executive Director
Eoin Philip Tonge Chief Financial Officer & Director
Archibald John Norman Chairman
Carl Dawson Director-Information Technology
Stuart Machin Joint Chief Operating Officer & MD-Food
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