Labour trails plans to fight cyberattacks The UK government is set to take further action to bolster national cyber resilience, City AM understands, as cybercrime continues to surge across the country. High-profile attacks on businesses, from smaller firms to major supply chains, have unveiled deep cracks and vulnerabilities in the economy. Tech secretary Liz Kendall told City AM: “We’re working really [...]
‘Exceptional’ M&S chair Archie Norman cleared for three more years in role Retail Marks and Spencer’s board has unanimously extended Archie Norman’s tenure as chair in light of his “exceptional” performance over the last nine years. While it is uncommon for chairs to stay longer than nine years, the board of M&S agreed that Norman’s “deep knowledge of the business, drive and unique experience” were invaluable to the [...]
Greencore: Strawberry sandwich maker’s shares rise amid M&S cyber fallout Retail Shares in Greencore, one of the UK’s major convenience food manufacturers, have risen six per cent following Wednesday’s trading update which highlighted another strong quarter and a robust full-year performance. The FTSE 250-listed group, which supplies sandwiches, rolls and wraps – and notably, the viral Japanese sando-inspired strawberry and cream sandwich – to Marks & [...]
Renault warns UK customers after cyberattack exposes data October 3, 2025 Renault and its sister brand Dacia have warned UK customers to be vigilant after hackers stole personal information in a cyber attack on one of the carmaker’s third-party data providers. The French-owned group confirmed that details including names, addresses, dates of birth, gender, phone numbers, vehicle identification numbers and vehicle registration details may have been [...]
Government guarantees Jaguar Land Rover £1.5bn loan September 28, 2025 The UK government will underwrite a £1.5bn loan guarantee to Jaguar Land Rover (JLR) in a bid to support its suppliers as cyber-attacks continue to halt production. Business Secretary, Peter Kyle said the loan, from a commercial bank, would project jobs across the UK, in particular in the West Midlands and Merseyside. The manufacturer has [...]
The growing cost of cyber attacks: Why cyber insurance matters September 26, 2025 This year, headlines have been dominated by cyber attacks against prominent business names, causing disruptions and financial losses. But many of these businesses lacked a major tool: cyber insurance coverage. Marks & Spencer dominated the news in April and May after it was hit by a cyber attack, which forced the retail giant to suspend [...]
Co-op expected to reveal financial hit from cyber attack September 21, 2025 The Co-operative Group is expected to shed light on the impact of a damaging cyber attack in its first financial update since being targeted by hackers. Shoppers were faced with empty shelves and issues with payments during the fallout from the cyber incident in April, as a raft of retailers were hit. On Thursday, the [...]
City veteran Lord Rose: UK is ‘at the edge of a crisis’ September 9, 2025 Lord Stuart Rose has launched a scathing attack on the government’s economic strategy, claiming the UK is “at the edge of a crisis.” The City veteran told Times Radio: “I think we should all be worried about the state of Britain today. “Now, I am absolutely an optimist in my life. I’ve been working for [...]
JLR staff told to stay at home amid massive cyber attack disruption September 5, 2025 Thousands of workers at Jaguar Land Rover (JLR) were told to ‘stay at home’, and customers are facing major delivery delays after a cyber attack forced the company to shut down production across its plants. The incident, which began on Sunday, halted the UK’s biggest carmaker’s operations at sites in Solihull, Halewood, Wolverhampton and Castle [...]
Retailers’ woes stretch into second day after bearish Deutsche note August 27, 2025 A sell-off affecting some of the UK’s largest retailers has extended into a second day, after an analyst warned the spectre of higher taxes in the Autumn Budget, a softening labour market and sticky inflation will dent consumers’ spending habits. Shares in AB Foods, Wickes and B&Q-owner Kingfisher all shed between one and 1.5 per [...]