Finance News – Marks And Spencer
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M&S chair: UK needs to muscle up to tackle cyber threats
Marks and Spencer’s chair highlighted that enhancing the UK’s cybersecurity capabilities is essential to protect financial interests and foster greater confidence among investors i...
Read Full Article →Palo Alto rallies on M&S hacks, but earnings fail to woo investors
Palo Alto Networks experienced increased demand for cybersecurity solutions following recent cyberattacks on major UK retailers, although the company’s latest financial report prod...
Read Full Article →Marks and Spencer expects £300mn profit hit from cyber attack
The recent cyber incident has caused sustained operational challenges for the UK retailer, leading to a projected financial impact estimated at around £300 million in lost earnings...
Read Full Article →M&S warns of £300m hacking crisis hit - and disruption could last months
Marks and Spencer has indicated that the recent cybersecurity incident may lead to a substantial decline in trading profits, potentially impacting the company’s financial performan...
Read Full Article →M&S: Cyber attack to hit profit by £300m
Marks and Spencer anticipates a substantial reduction in this year’s earnings due to a recent cyber incident, although the financial impact may be partly offset by cost controls, i...
Read Full Article →M&S will ‘need to go on a charm offensive’ to win customers back
The recent cyber incident has led to a substantial decline in Marks and Spencer’s market valuation, highlighting potential challenges in regaining consumer confidence and stabilizi...
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