Marks & Spencer boosted by food growth while fashion lags behind Retail Marks & Spencer said its food arm is driving the retailer’s return to growth, while issues with stock and “trendy” designs slowed the comeback of its fashion business. The FTSE 100 retailer posted a £355m pre-tax profit in the six months to the end of September, up from £3m last year when a cyber attack [...]
Can Marks & Spencer’s TikTok star help it ‘dump the frump’? Retail Marks & Spencer will face shareholders on Wednesday, with hopes of presenting a lift from its breakout social media star, Kathryn Turner, writes Felix Armstrong. Ditch the fake blood and vampire fangs: Britain’s viral Halloween costume this year featured a white shirt, a blue sweater vest and a blonde wig. Kathryn Turner, Marks & Spencer’s [...]
Google, OpenAI and Anthropic back £100m UK AI biosecurity lab Tech Google Deepmind, OpenAI and Anthropic are backing a new £100m British AI biosecurity laboratory as the government unveils more than £600m in funding to tackle emerging technological threats. The lab will use AI to detect and monitor biological threats, bringing together some of the world’s largest AI developers as ministers seek to strengthen Britain’s defences. [...]
Braddick sets out her vision for banking watchdog with £2bn overhaul October 22, 2026 Katharine Braddick has kicked off her revamp of the UK banking’s watchdog with a regulatory overhaul aiming to generate £2bn in savings for City firms. The Prudential Regulation Authority chief, who took the reins in July, told a City audience on Thursday evening the watchdog would focus on four key priorities of resilience, growth, innovation [...]
Retailers back on alert after new wave of cyber attacks October 15, 2026 When Asos customers were sent a cryptically-worded push notification on Tuesday last week, some shoppers thought they were being hawked the fast fashion retailer’s new Christmas collection. One thought the alert was “some crappy marketing scheme to get me to check the app and to view their snowflake collection,” they wrote on X. The notification [...]
‘Expect to be spied on’: MI5 chief warns UK tech startups over foreign threats October 13, 2026 British tech startups should expect to be targeted by foreign spies, the head of MI5 has warned, as the security service ramps up efforts to tackle cyberattacks and the growing national security risks posed by AI. Sir Ken McCallum, director general of MI5, has urged British businesses to strengthen their cyber defences, warning that hostile [...]
BT launches AI cyber defence service as UK faces growing attack threat October 13, 2026 BT is stepping up its efforts to tackle AI-powered cyber attacks through its partnership with Microsoft, as British businesses face mounting pressure to shield themselves against increasingly sophisticated threats. The telecoms giant is seeking to capitalise on growing demand for outsourced cyber security, as companies struggle to keep pace with attacks that are becoming faster [...]
Asos hackers claim responsibility for Air France-KLM data breach October 12, 2026 The group behind the hack of fast-fashion retailer Asos have claimed responsibility for a data breach of airline group Air France-KLM, City AM can reveal. The individuals who claimed responsibility for the Asos data breach, who call themselves Xuanye Group, last week circulated data which they claimed was obtained from the airline group. Air France-KLM [...]
Asos hackers duped employee in data breach October 8, 2026 The hackers behind a threat to leak Asos customer data duped an employee by posing as a “trusted contact,” the fast-fashion group has said. An unknown group shocked Asos’ millions of customers on Tuesday when they published a push notification on the online retailer’s app, claiming to have hacked into the company and threatening a [...]
Goldman-linked EY breach highlights new era of undetectable data theft October 7, 2026 Sensitive corporate data can be stolen through everyday workplace software without setting off traditional cyber defences, Darktrace has warned, after a breach at the Big Four giant exposed information linked to Goldman Sachs and Man Group. Nathaniel Jones, senior vice president of global threat intelligence at Darktrace, told City AM attackers were increasingly able to [...]