Who Owns
the Gaff?
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Retail

Marks & Spencer

Profile reviewed

M&S brings together food, clothing and home retail under Marks and Spencer Group plc, a London-based listed parent company. [2][4]

01 / Behind the name

Who owns Marks & Spencer?

Publicly listed · London Stock Exchange [5]

  1. 01
    Operating company

    Marks and Spencer plc [2]

    As reported · 28 Mar 2026
  2. 02
    Ultimate parent

    Marks and Spencer Group plc [2]

    As reported · 28 Mar 2026
  3. 03
    Shares traded on the London Stock Exchange

    Public shareholders [5]

    As reported · 26 Sept 2026

The listed holding company and the operating company have similar names. The group holds a 50% interest in Ocado Retail Limited, alongside Ocado Group’s 50%. A consolidated group tax figure does not describe the UK shops alone. [1][2]

Explore Marks and Spencer Group plc

Owner & brand overview

02 / On the map

Where is it based?

Group headquarters
London, United Kingdom [4]
Parent incorporated in
England and Wales [4]

Headquarters, incorporation and tax residence describe different things. A headquarters address does not tell you where all of a company’s tax is paid.

Follow the investment

Investors in Marks & Spencer

Investor disclosures found

Selected investor disclosures have been found. Each names the held entity, basis and date; the complete investor register remains outside this review. A stake in a parent or operating company is shown against that entity. Dates refer to each disclosure and can differ from the profile review date. Evidence links are included with each record.

Voting rights

Schroders plc

Held entity · Marks and Spencer Group plc

4.760152%

Notification dated ·

Selected threshold notifications, not a complete shareholder register. Percentages describe the notification date and may have changed without crossing another disclosure threshold. Asset managers can report holdings managed for funds and clients.

Evidence · 1 source
Voting rights

BlackRock, Inc.

Held entity · Marks and Spencer Group plc

6.22%

Notification dated ·

Selected threshold notifications, not a complete shareholder register. Percentages describe the notification date and may have changed without crossing another disclosure threshold. Asset managers can report holdings managed for funds and clients.

Evidence · 1 source
Voting rights

Ameriprise Financial, Inc.

Held entity · Marks and Spencer Group plc

4.978%

Notification dated ·

Selected threshold notifications, not a complete shareholder register. Percentages describe the notification date and may have changed without crossing another disclosure threshold. Asset managers can report holdings managed for funds and clients.

Evidence · 1 source
Voting rights

RWC Asset Management LLP

Held entity · Marks and Spencer Group plc

4.937%

Notification dated ·

Selected threshold notifications, not a complete shareholder register. Percentages describe the notification date and may have changed without crossing another disclosure threshold. Asset managers can report holdings managed for funds and clients.

Evidence · 1 source
Equity ownership

Government Pension Fund Global

Held entity · Marks & Spencer Group PLC

3.35%

Holdings snapshot ·

Norway's sovereign fund, managed by Norges Bank Investment Management. The percentage is equity ownership in the named listed issuer, rounded as published. Linked brands can be subsidiaries or portfolio businesses; this is not a direct brand stake or a complete shareholder list.

Evidence · 2 sources

Explore investor coverage

03 / The figures, with context

What does it report in UK tax?

The 2025/26 results report group-wide income tax paid. The March 2026 tax strategy discusses a wider UK contribution, but does not isolate a UK corporation-tax cash payment.

United Kingdom2025/26

UK corporation tax paid

Not separately disclosedCash payment

M&S group · UK
Period ending 28 Mar 2026

A UK-only corporation-tax cash figure is not separately disclosed in the financial-statements and tax-strategy documents reviewed. A total contribution includes other kinds of tax. [1][3]

Consolidated group2025/26

Group income tax paid

£7.1mCash payment

Marks and Spencer Group plc · consolidated
Period ending 28 Mar 2026

Consolidated worldwide income-tax cash outflow. It is not identified as UK-only. Consolidated statement of cash flows, financial-statements PDF page 19. [1]

These figures have different scopes. They should not be added together or used as a like-for-like tax ranking.

Understand the measures

04 / Check our working

The public record.

Primary sources used in this profile. Company disclosures are attributed to the company; inclusion is not an independent audit.

  1. 01
    Annual Report 2026 · financial statements (opens in a new tab)

    Marks & Spencer · Cash flow PDF p.19; Ocado Retail 50% interest PDF pp.28 and 47

    Accessed 27 Sept 2026
  2. 02
    Full-year results for the year ended 28 March 2026 (opens in a new tab)

    Marks & Spencer · Consolidated statement of cash flows p.31; group financial statements

    Accessed 26 Sept 2026
  3. 03
    How we manage our taxes · March 2026 (opens in a new tab)

    Marks & Spencer · UK contribution and scope of tax strategy

    Accessed 26 Sept 2026
  4. 04
    Headquarters and company registration (opens in a new tab)

    Marks & Spencer · Headquarters; registered office; place of registration

    Accessed 26 Sept 2026
  5. 05
    Investor information (opens in a new tab)

    Marks & Spencer · Shareholder and share-price information

    Accessed 26 Sept 2026
  6. 06
    Marks and Spencer Group plc (04256886): company overview (opens in a new tab)

    Companies House · Legal name, company number, domestic company type and incorporation. UK registration does not establish headquarters or tax residence; a constituent jurisdiction is not inferred from a registered-office address.

    Accessed 30 Sept 2026