M&S: Shares at FTSE 100 retailer fall as cyber attack hits customers April 24, 2025 Shares in Marks & Spencer (M&S) have continued to fall as its battle against a cyber attack wages on. The FTSE 100 retailer has said the incident, which was disclosed to the public on Tuesday, has impacted contactless payments and click and collect orders. Shares in M&S have fallen by more than 1.5 per cent [...]
M&S: FTSE 100 giant battling cyber attack April 22, 2025 M&S has revealed it has been battling what it has described as a “cyber incident” over the past few days. The FTSE 100 giant said that it’s made some “minor, temporary changes to our store operations to protect customers and the business” and “we are sorry for any inconvenience experienced.” M&S confirmed that it is [...]
Tesco, M&S and Sainsbury’s shares drop amid wider FTSE 100 rally April 10, 2025 The UK’s major listed supermarkets missed out on a post-crisis FTSE 100 bump this morning after Tesco’s full-year results stoked fears of ‘trolley wars’ in the sector. The FTSE 100 index rose by more than six per cent as investors breathed a sigh of relief after Trump’s ‘reciprocal’ tariffs were paused last night. However, Tesco, [...]
Next: Boss of FTSE 100 giant rewarded after £1bn profit April 10, 2025 The chief executive of FTSE 100 giant Next took home almost £5m as the high street icon’s profit surged to more than £1bn for the first time. Lord Simon Wolfson took home a total pay packet of £4.72m for the Leicester-headquartered retailer’s latest financial year, up from £4.63m. The CEO’s remuneration package included a salary [...]
FTSE 100 roars back after Trump pauses tariffs April 10, 2025 The FTSE 100 soared as markets opened this morning after President Donald Trump‘s tariff climb down on Wednesday. London’s blue-chip index gained over six per cent – an increase of nearly 500 points. The FTSE 250 climbed over four per cent. Of the risers, Barclays rocketed over 20 per cent and Melrose 16 per cent. [...]
Will Trump tariffs end up helping Next, M&S and Dunelm? April 8, 2025 UK heavyweights who aren’t exposed to the US market, like Next and M&S, may end up seeing some silver linings from Trump’s tariffs, according to analysts. Only a few UK retailers – namely JD Sports, Doc Martens and Burberry – sell to the states and produce in eastern Asia. Berenberg analysts said that positives from [...]
Dreaming of Silver as Flat swings into action at Newbury April 8, 2025 THINGS are certainly warming up as we move into the first Guineas trials of the season at Newbury this Saturday. The Greenham looks a tricky enough race. Chancellor and Rashabar head the betting, while Jonquil is certainly of interest on his first start for Andrew Balding, but it’s hard to know who’s match-fit. There is [...]
UK retailers claw back losses as wave of selling turns to opportunistic buying April 7, 2025 Heavyweight UK retailers clawed back some of their losses on Monday afternoon as the morning’s sell-off turned to buying. The FTSE 350 general retail index had dropped by as much as four per cent in early trades, but later stabilised to minus 2.8 per cent. Even UK retailers with very little presence in the US, [...]
Mark Kleinman: Britain should steel itself for unwanted status among G7 April 3, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Britain should steel itself for unwanted status among G7 nations Sajid Javid, Greg Clark, Andrea Leadsom, Kemi Badenoch and now Jonathan Reynolds: the list of business secretaries handed the assignment of salvaging Britain’s fast-disappearing steel industry [...]
What’s next for Primark after shock CEO resignation? March 31, 2025 The surprise resignation of Primark’s boss, Paul Marchant, due to poor social conduct has caused shockwaves across the retail industry. Marchant’s departure was promoted by an investigation by Primark’s owner ABF into the CEO’s behaviour towards a female individual, which Marchant called an ‘error of judgement’. Chief executive of ABF, George Weston, said he was [...]