M&S to be fully operational by August after heavy cyber attack, boss says July 1, 2025 Marks and Spencer boss Stuart Machin has said he expects the worst of the retailer’s cyber attack to be over within the next four weeks. M&S has been struggling with the attack since April, with some systems still offline – including click and collect services. The retailer’s share price climbed slightly in response, up 0.62 [...]
NCC Group pivots on cyber security amid rising demand June 19, 2025 FTSE 250 tech firm NCC Group said it was changing the strategic direction of its cyber security division after revenue took a hit in the first half of the financial year. NCC’s revenue from cyber security tumbled nearly eight per cent to £123.5m for the first half of the year, down from £133.9m for the [...]
Insurer Allianz to cut 650 UK jobs June 18, 2025 German insurance giant Allianz has informed its UK staff that 650 jobs will be cut across several lines of its business
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. [...]
Grenade: We invented ‘good’ protein bars June 16, 2025 It is difficult to walk around a supermarket without being screamed at by a collection of very similar labels on very different aisles: High-protein yogurt! Protein powder bread! All natural high-protein ketchup! As the final social-media-endorsed macronutrient standing, protein’s stock has soared from a good-to-have to a must-buy in the last decade. Somewhat inexplicably, Marks [...]
Bank of England loses hundreds of laptops amid rising cyber threats June 13, 2025 The Bank of England has come under fire after losing hundreds of tech devices worth nearly £300,000. Figures seen by City AM reveal the Bank of England lost or had stolen over 300 laptops, tablets and phones between May 2022 and March 2025. Patrick Sullivan, chief executive of think tank Parliament Street, said: “The Bank [...]
BHA cyber attack: British Horseracing Authority forced to close office June 10, 2025 The British Horseracing Authority (BHA) insists that the UK’s schedule of meets will not be affected after hackers launched a cyber attack on the sport’s governing body. BHA staff have been asked to work from home or remotely after the attack forced the organisation to temporarily shut its London head office, according to reports. It [...]
M&S: FTSE 100 retail giant resumes online orders after cyber attack June 10, 2025 Marks and Spencer has resumed online orders six weeks after a cyber attack forced it to pause e-commerce operations. On its website, M&S said that customers “can now place online orders for home delivery to England, Scotland and Wales”, while deliveries to Northern Ireland will restart in the coming weeks. In a Linkedin post, managing [...]
FTSE 100 narrowly misses record high after housebuilders rally June 10, 2025 The FTSE 100 closed just short of a record high on Tuesday after fresh economic data fuelled hopes of further interest rate cuts from the Bank of England. The UK’s flagship market inched up 0.24 per cent to 8853.08p after a rally from homebuilders. This narrowly missed March’s record close of 8,871.31p. Builders Persimmon and [...]