Marks & Spencer strengthens liquidity to cope with coronavirus impact

LONDON (Reuters) - British retailer Marks & Spencer said it was planning for a slow return to shopping and had taken steps to shore up its finances for 18 months, including scrapping next year's dividend, to cope with the impact of the coronavirus crisisThe retailer said on Tuesday that its planning was based on it enduring subdued trading for the rest of this year in its clothing and home business, as it warned that its food division had been impacted by fewer people travelling into city..