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1001 Search results for Co-op

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  • Tesco seeks to appeal decision in ‘equal pay’ £4bn lawsuit ahead of final hearing

    Legal

    Tesco is back in a courtroom this week seeking to overturn a legal decision ahead of a final trial over allegations of unequal pay at the supermarket giant

  • Retail data threats peak in Q2, as UK sector grapples with cyber spree

    Tech

    New analysis of cyber threat data suggests a clear seasonal pattern is emerging in retail-focused attacks, with the second quarter of the year consistently seeing a spike in malicious activity targeting retailers across the UK. The findings, based on Abnormal AI’s data collected between January 2023 and June 2025, indicate that threat actors are increasingly [...]

  • Co-op boss confirms data of all 6.5m members stolen

    Tech

    The chief executive of Co-op has confirmed that the personal data of all its 6.5m members was stolen during a major cyber attack in April, marking one of the most widespread data breaches in UK retail history. Speaking publicly for the first time since the attack, Shirine Khoury-Haq said the breach had a “devastating” impact [...]

  • Arrests made after M&S, Co-op and Harrods cyber attacks

    July 10, 2025

    Four people, including three teenagers and a 20-year-old woman, have been arrested in connection with a wave of cyber attacks that crippled M&S, the Co-op and Harrods. The group allegedly unleashed ransomware that stole millions of customer records, shut down online orders and left supermarket shelves bare.  The National Crime Agency (NCA) said the individuals [...]

  • M&S chair: UK needs to muscle up to tackle cyber threats

    July 8, 2025

    M&S chair Archie Norman has said the UK is probably underresourced to tackle cyber threats and needs to boost its security level to encourage investment. Speaking to lawmakers on Tuesday, Norman said that the UK is “just not resourced up to operate at [the US] level.” “It’s very advantageous if we in this country have [...]

  • Sunny spring boosts grocers as Brits buy 2,400 packs of strawberries every minute

    June 24, 2025

    The UK’s unusual burst of sun boosted purchases of fruit and ice lollies this spring, although food inflation continued to soar at the UK’s grocers. Higher prices for fresh meats, chocolate and butters drove food inflation to 4.7 per cent, its highest level since February 2024, according to data insights group Kantar. But Fraser McKevitt, [...]

  • Challenger banks scout exit routes as giants circle Metro and TSB

    June 19, 2025

    Analysts are pencilling in a fresh wave of banking deals with challenger banks set for a market departure. Moody’s analysts have said challenger banks will “seek exit after weak performance” as industry juggernauts set their sights on ramping up their market share. Takeover talk has gripped the City after reports Shawbrook’s private equity owners were [...]

  • Co-op boss urges Miliband to support small firms

    June 19, 2025

    The boss of the Co-op has urged Ed Miliband to rectify the host of “far-reaching challenges” impeding small businesses’ net zero efforts, warning that a paucity of cheap finance and planning red tape were getting in the way of firms’ ambitions. In a letter seen by City AM Shirine Khoury-Haq said Britain was at a [...]

  • UK unveils cyber security war chest after M&S and Co-op attacks

    June 18, 2025

    The UK government has launched a £16m war chest with the aim to accelerate growth in the country’s cyber security industry in the wake of high-profile attacks against the likes of M&S, the Co-op and Harrods in recent months. Unveiling the funding, the Department of Science, Innovation and Technology (DSIT) said the cyber growth action [...]

  • Exclusive: Cybersecurity investment fuels £27bn boost for UK firms

    June 16, 2025

    UK businesses are generating an estimated £27bn in additional revenue annually from investing in cyber security, according to exclusive findings shared with City AM by cyber security provider ESET. The research comes as a wave of cyber attacks continues to hit major organisations across the country, unveiling the commercial and operational stakes of digital security. [...]

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