Britain's largest clothing retailer, Marks & Spencer Plc, on Monday revealed it will roll-out its combined credit and loyalty card across the country early next month following a successful trial in South Wales.

The company said in a statement the "&more" card will be launched on October 6 with consumers who use the card at M&S or other stores earning loyalty points which can then be changed for vouchers.

The retailer currently has 2.6 million active chargecard holders, compared to four million at its peak four years ago.

Chief executive Roger Holmes commented: "The '&more' credit card launch will provide us with a strong platform for future growth."