 Marks Spencer cautioned profits are likely to be flat this year due to the impact of the war in Ukraine, increasing cost pressures and growing consumer uncertainty. The grocery and clothing retailer reported a heathy 6.9 rise in sales in the year to end 2 April 2022, with underlying profits up 30 at 523mln, which included 59.8m of UK business rates relief and a net rates charge of 139.7mln. 