Joining Michael and David on this week's Talking Markets episode is Archie Norman, Chairman of Marks & Spencer pls.

He has a distinguished business and political career and is the only person to have been chairman of an FTSE 100 company and a Member of the House of Commons at the same time.

From January 2010 to January 2016, Norman was the chairman of ITV plc.

They discuss the Marks & Spencer turnaround, leadership and hierarchy in the modern age, the tech partnerships M&S is pursuing and the risks the company is facing, as well as the current political climate after Labour's recent win and how to generate growth and productivity.

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