Ocado to cut 1,000 jobs in cost saving drive Ocado, the British technology and online grocery group, plans to cut about 1,000 jobs as it targets savings of £150m in technology and support costs, its boss said today. Business • 26 Feb
Ocado to cut 1,000 jobs in cost saving drive Ocado, the British technology and online grocery group, plans to cut about 1,000 jobs as it targets savings of £150m in technology and support costs, its boss said today. Business • 26 Feb
M&S reports 5.6% rise in Christmas food sales Marks & Spencer saw strong demand for its upmarket food at Christmas, but shoppers spent less on fashion, home and beauty in its stores, compounding the lingering impact from last year's cyber hack. Business • 08 Jan
M&S reports 5.6% rise in Christmas food sales Marks & Spencer saw strong demand for its upmarket food at Christmas, but shoppers spent less on fashion, home and beauty in its stores, compounding the lingering impact from last year's cyber hack. Business • 08 Jan
Irish arm of M&S records €8.8m pre-tax loss on costs Costs associated with the closure of Marks and Spencer outlets in Drogheda and Clarion Quay in Dublin contributed to the Irish arm of the retailer recording pre-tax losses of €8.85m in 2024. Business • 07 Jan
Irish arm of M&S records €8.8m pre-tax loss on costs Costs associated with the closure of Marks and Spencer outlets in Drogheda and Clarion Quay in Dublin contributed to the Irish arm of the retailer recording pre-tax losses of €8.85m in 2024. Business • 07 Jan
2025 in Review - The 'tipping point' for cyber attacks Cyber attacks came to prominence in 2025 with a handful of major incidents that cost big British businesses dearly. Business • 29 Dec 25
2025 in Review - The 'tipping point' for cyber attacks Cyber attacks came to prominence in 2025 with a handful of major incidents that cost big British businesses dearly. Business • 29 Dec 25
M&S shakes up fashion supply chain to spark online growth Marks & Spencer is revamping its supply chain from "factory to floor", the retailer's new fashion boss told Reuters, as it looks to double annual online non-food sales to nearly £3 billion. Business • 12 Nov 25
M&S shakes up fashion supply chain to spark online growth Marks & Spencer is revamping its supply chain from "factory to floor", the retailer's new fashion boss told Reuters, as it looks to double annual online non-food sales to nearly £3 billion. Business • 12 Nov 25
M&S first-half profit hammered by impact of cyber hack UK retailer Marks & Spencer said it will have fully recovered from April's cyber hack by March next year, forecasting second half profit "at least" in line with last year after it slumped 55.4% in the first half. Business • 05 Nov 25
M&S first-half profit hammered by impact of cyber hack UK retailer Marks & Spencer said it will have fully recovered from April's cyber hack by March next year, forecasting second half profit "at least" in line with last year after it slumped 55.4% in the first half. Business • 05 Nov 25
Next cautious on second-half trading outlook Fashion retailer Next has today reported a 13.8% rise in first-half profit and stuck to its full-year profit forecast but said it remained cautious about trading for the rest of the year, expecting sales growth to slow. Business • 18 Sep 25
Next cautious on second-half trading outlook Fashion retailer Next has today reported a 13.8% rise in first-half profit and stuck to its full-year profit forecast but said it remained cautious about trading for the rest of the year, expecting sales growth to slow. Business • 18 Sep 25
M&S restores Irish click and collect services Marks & Spencer has resumed taking click and collect orders for clothing on its Irish website after a four-month hiatus following a cyber hack and data theft. Business • 21 Aug 25
M&S restores Irish click and collect services Marks & Spencer has resumed taking click and collect orders for clothing on its Irish website after a four-month hiatus following a cyber hack and data theft. Business • 21 Aug 25
M&S invests £340m in robotic warehouse to boost food unit Retailer Marks & Spencer will invest £340m in an automated distribution centre in England, building capacity to support its ambition to double the size of its food business, it said today. Business • 21 Aug 25
M&S invests £340m in robotic warehouse to boost food unit Retailer Marks & Spencer will invest £340m in an automated distribution centre in England, building capacity to support its ambition to double the size of its food business, it said today. Business • 21 Aug 25
M&S UK click & collect services back 15 weeks after hack Marks & Spencer has resumed taking click and collect orders for clothing on its UK website after a nearly four-month hiatus following a cyber hack and data theft. Business • 11 Aug 25
M&S UK click & collect services back 15 weeks after hack Marks & Spencer has resumed taking click and collect orders for clothing on its UK website after a nearly four-month hiatus following a cyber hack and data theft. Business • 11 Aug 25
Next sales boosted by warm weather and M&S disruption Clothing retailer Next has today raised its annual profit outlook for the third time in five months after reporting better than expected second-quarter sales, benefiting from warm weather and disruption at cyberattack-hit rival Marks & Spencer. Business • 31 Jul 25
Next sales boosted by warm weather and M&S disruption Clothing retailer Next has today raised its annual profit outlook for the third time in five months after reporting better than expected second-quarter sales, benefiting from warm weather and disruption at cyberattack-hit rival Marks & Spencer. Business • 31 Jul 25
M&S believes DragonForce behind ransomware attack British retailer Marks & Spencer believes the ransomware operation behind the April cyberattack which forced it to suspend online shopping for nearly seven weeks was a group called "DragonForce", its chairman said today. Business • 08 Jul 25
M&S believes DragonForce behind ransomware attack British retailer Marks & Spencer believes the ransomware operation behind the April cyberattack which forced it to suspend online shopping for nearly seven weeks was a group called "DragonForce", its chairman said today. Business • 08 Jul 25
Most of M&S cyberattack impact over by August - CEO The boss of Marks & Spencer has said he hopes to have the majority of the impact from its damaging cyber attack "behind us" by August. Business • 01 Jul 25
Most of M&S cyberattack impact over by August - CEO The boss of Marks & Spencer has said he hopes to have the majority of the impact from its damaging cyber attack "behind us" by August. Business • 01 Jul 25
M&S food sales show resilience despite cyberattack British retailer Marks & Spencer's food business saw food sales increase 10.8% over the 12 weeks to May 17 year-on-year despite the fallout from a cyberattack last month denting availability, industry data showed today. Business • 29 May 25
M&S food sales show resilience despite cyberattack British retailer Marks & Spencer's food business saw food sales increase 10.8% over the 12 weeks to May 17 year-on-year despite the fallout from a cyberattack last month denting availability, industry data showed today. Business • 29 May 25
Tata Consultancy Services carries out probe into M&S hack India's Tata Consultancy Services is conducting an internal investigation to determine whether it was the gateway for a cyberattack on UK's Marks and Spencer that compromised customer data and disrupted the retailer's operations, the Financial Times reported today. Business • 23 May 25
Tata Consultancy Services carries out probe into M&S hack India's Tata Consultancy Services is conducting an internal investigation to determine whether it was the gateway for a cyberattack on UK's Marks and Spencer that compromised customer data and disrupted the retailer's operations, the Financial Times reported today. Business • 23 May 25
M&S says £300m cyberattack upheaval to linger into July A "highly sophisticated and targeted" cyberattack will cost Marks & Spencer about £300m in lost operating profit, and disruption to online services is likely until July, the British retailer said today. Business • 21 May 25
M&S says £300m cyberattack upheaval to linger into July A "highly sophisticated and targeted" cyberattack will cost Marks & Spencer about £300m in lost operating profit, and disruption to online services is likely until July, the British retailer said today. Business • 21 May 25
M&S says customer information was taken in cyber attack Retailer Marks & Spencer said today that some personal customer information was taken in the cyber attack that has crippled its online operation for more than three weeks. Business • 13 May 25
M&S says customer information was taken in cyber attack Retailer Marks & Spencer said today that some personal customer information was taken in the cyber attack that has crippled its online operation for more than three weeks. Business • 13 May 25
Next raises profit outlook again on strong trading Clothing retailer Next has nudged up its full year profit outlook for the second time in two months after first quarter full-price sales rose by a better-than-expected 11.4%, with a spell of warm weather boosting demand for summer ranges. Business • 08 May 25
Next raises profit outlook again on strong trading Clothing retailer Next has nudged up its full year profit outlook for the second time in two months after first quarter full-price sales rose by a better-than-expected 11.4%, with a spell of warm weather boosting demand for summer ranges. Business • 08 May 25
Harrods latest UK retailer to be hit by cyber attack Harrods has become the latest high-profile UK retailer to fall victim to a cyber attack amid a wave of hacking incidents. Business • 02 May 25
Harrods latest UK retailer to be hit by cyber attack Harrods has become the latest high-profile UK retailer to fall victim to a cyber attack amid a wave of hacking incidents. Business • 02 May 25
Co-op latest British retailer to be hit by cyber attack Britain's Co-op Group said that hackers had attempted to break into its systems, the second high-profile cyber attack on a major UK retailer in as many weeks, following an ongoing incident at Marks & Spencer. Business • 01 May 25
Co-op latest British retailer to be hit by cyber attack Britain's Co-op Group said that hackers had attempted to break into its systems, the second high-profile cyber attack on a major UK retailer in as many weeks, following an ongoing incident at Marks & Spencer. Business • 01 May 25
Why is it taking M&S so long to recover from attack? Marks and Spencer is still suffering the effects of what it has called a "cyber incident" which began last week. Business • 01 May 25
Why is it taking M&S so long to recover from attack? Marks and Spencer is still suffering the effects of what it has called a "cyber incident" which began last week. Business • 01 May 25
UK police probes Marks & Spencer cyber attack The UK's Metropolitan Police is investigating a cyber attack on Marks & Spencer which has seen the retailer face major disruption. Business • 01 May 25
UK police probes Marks & Spencer cyber attack The UK's Metropolitan Police is investigating a cyber attack on Marks & Spencer which has seen the retailer face major disruption. Business • 01 May 25
M&S pauses all online orders after cyber attack Marks and Spencer has temporarily stopped taking orders from its website and apps amid the deepening fallout of a cyber attack. Business • 25 Apr 25
M&S pauses all online orders after cyber attack Marks and Spencer has temporarily stopped taking orders from its website and apps amid the deepening fallout of a cyber attack. Business • 25 Apr 25
Marks & Spencer issues apology over 'cyber incident' Marks & Spencer has apologised after its stores were impacted by a "cyber incident" in recent days. Business • 23 Apr 25
Marks & Spencer issues apology over 'cyber incident' Marks & Spencer has apologised after its stores were impacted by a "cyber incident" in recent days. Business • 23 Apr 25
Ocado shares hit by slowdown in warehouse roll-outs Ocado, the UK online supermarket and technology group, said it was on track to hit its goal of turning cash flow positive in its 2025-26 year, but its shares fell on concerns over a slowdown in the rollout of robotic sites. Business • 27 Feb 25
Ocado shares hit by slowdown in warehouse roll-outs Ocado, the UK online supermarket and technology group, said it was on track to hit its goal of turning cash flow positive in its 2025-26 year, but its shares fell on concerns over a slowdown in the rollout of robotic sites. Business • 27 Feb 25
