To celebrate 125 years since Russian refugee Michael Marks opened his Leeds market stall – Marks & Spencer are returning to its roots by brining back their penny bazaar and putting 2m products on sale for 1p each;not sure if there will be many fashion bargians.

The promotion will run from Wednesday to Friday next week – Chief executive Sir Stuart Rose, who will launch the initiative with M&S face Twiggy at M&S’s flagship Marble Arch store on London’s Oxford Street, said: “We are sure this is going to go down a storm.”

Rose said: “M&S has now been at the heart of Britain for 125 years and we believe this is something worth celebrating.

“It’s been a tough year for us all but people are fed up with being fed up and we wanted to give our customers a real treat.”

The Original Penny Bazaar lines will be sold on a when-it’s-gone-it’s-gone basis, and takings donated to the M&S 125 Charity Challenge.