3 d. ago M&S blames ‘human error’ for cyber attack that will hit profit by £300mn

UK retailer discloses that breach came via supplier and warns online operations will be disrupted until July

Economics

3 d. ago FTSE 100 Live 21 May: Inflation surges, M&S reveals cyber attack profit hit

Marks & Spencer has revealed that disruption from a “highly sophisticated” cyber attack last month is expected to continue through to July.

Economics

3 d. ago Marks and Spencer expects £300mn profit hit from cyber attack

UK retailer’s operations face ongoing disruption from April hack

Economics

3 d. ago Marks and Spencer warns of £300MILLION profit hit and says cyber attack crisis will disrupt customers until July

Marks and Spencer has said disruption from a major cyber attack is expected to continue through to July and reduce operating profits by around £300million before action to offset the hit.

Events

3 d. ago M&S warns cyber attack disruption will last until July and hit profits by £300m

Marks and Spencer has said disruption from a major cyber attack is expected to continue through to July and reduce operating profits by around £300 million before action to offset the hit.

Events

3 d. ago Marks and Spencer say cyber attack will cost them £300MILLION and disrupt customers until July as NCA investigators say they are looking at British hackers Scattered Spider

Marks and Spencer has said disruption from a major cyber attack is expected to continue through to July and reduce operating profits by around £300million before action to offset the hit.

Economics

4 d. ago Brits heading to Spain should make four checks now after Airbnb crackdown

In recent months, tens of thousands of Spaniards have taken to the streets protesting rising housing and rental costs, which many say have been driven up by holiday rentals on platforms like Airbnb that have proliferated in cities like Madrid and Barcelona and many other popular tourist destinations

Politics

4 d. ago Football Daily | It’s Bilbao or bust for Manchester United and Tottenham Hotspur

Sign up now! Sign up now! Sign up now? Sign up now!With more than 80,000 English football fans expected to descend on Bilbao for the Bigger Vase final, it’s safe to assume that approximately half of them will return home in despair, while almost all of them will be seriously out of pocket. But despite its status as a fine location with a proud football heritage, Bilbao doesn’t have the infrastructure to cope with the myriad demands that come with hosting a game between the 16th and 17th best teams in England. With “budget” flights costing well north of a grand and even the most low-rent accommodation priced up at £500-plus a night, one can but hope for the sake of those Spurs and Manchester United fans who use plane, train, automobile or boat to arrive in northern Spain for this season-defining match that Bilbao has no shortage of doorways and park benches. Expect plenty to be occupied on Tuesday evening by green-around-the-gills landlubbers who set off on Sunday evening’s Portsmout...

Sport

5 d. ago Ryanair to raise air fares after lower ticket prices hit profits

Chief executive Michael O’Leary says full-year results are ‘robust’ and airline will pay about €400m in dividendsBusiness live – latest updatesRyanair has said air fares will head back up this summer after a year of lower fares saw the budget airline’s profits fall 16%.Europe’s biggest airline carried just over 200 million passengers in 2024-25 with ticket prices down 7% to fill its planes, after a dispute halted bookings from some online agents, reducing full-year profits to €1.6bn (£1.4bn). Continue reading...

Economics

8 d. ago Workspace warns higher costs and lower rents to hit profits next year

Shares in the firm tumbled by about 12% on Friday morning.

Events

8 d. ago London SME Landlord Workspace Warns of Profit Hit from Vacancies

London SME Landlord Workspace Warns of Profit Hit from Vacancies  Bloomberg

Events

1 week ago News | KKR and Fore 'break London SE1 rent records' with office prelet

News | KKR and Fore 'break London SE1 rent records' with office prelet  CoStar

Society

1 week ago Is Qatar really the new Dubai? How much it costs to start a new life in the Middle Eastern hotspot where Brits are going wild for cheap rent, tax free

Britons beginning new lives in Qatar have been displaying the savings they are making - as figures suggest it compares favourably to neighbour and rival Dubai.

Economics

2 w. ago British Gas expects profit hit after warmer than usual spring

Parent company Centrica said it has been ‘impacted by warmer than normal weather’ in the second quarter of 2025.

Events

2 w. ago BMW chief expects lower tariffs as trade war expected to hit profits

Many of BMW's rivals, including Mercedes-Benz MBGn.DE, Ford F.N and Stellantis STLAM.MI, have pulled their 2025 forecasts

Events

2 w. ago Ford expects to take a $1.5bn profit hit from Trump tariffs this year

Ford became the latest automotive giant to pull profit guidance as the chaos unleashed by Trump made financial forecasting impossible.

Economics

2 w. ago UK car sales drop 10% in April; Ford predicts $1.5bn profit hit from Trump tariffs – business live

Rolling coverage of the latest economic and financial newsTrump’s foreign film tariffs could ‘wipe out’ UK movie industry, ministers toldCar sales across the UK fell by over 10% last month, compared to a year ago.New industry data shows that 120,331 new vehicles were registered in April, 10.4% fewer than in April 2024.In what is traditionally a quieter month following the March plate change, volumes were also impacted by the late timing of Easter, resulting in fewer working days.In addition, the implementation of VED changes affecting all new cars, including the Expensive Car Supplement which became applicable to many new EVs from 1 April, pushed transactions into March as shrewd buyers got ahead of the tax increases. Continue reading...

Economics

2 w. ago China’s service sector hit by trade war; Ford predicts $1.5bn profit hit from Trump tariffs – business live

Rolling coverage of the latest economic and financial newsTrump’s foreign film tariffs could ‘wipe out’ UK movie industry, ministers toldAmerican children face paying higher prices for Barbie dolls due to the Trump tariffs on imports.Mattel, the toy manufacturing giant, revealed last night that it plan to raise prices on American toys due to tariffs, and is also looking to move some manufacturing out of China.Accelerating diversification of its supply chain and further reducing reliance on China-sourced product,Optimizing product sourcing and product mix, andWhere necessary, taking pricing action in its U.S. business.In an uncertain macro environment that has intensified due to the potential impact of tariffs, we are focused on what we can control.We are improving our supply chain agility, taking decisive cost actions to mitigate financial impact where possible, and ensuring we can continue to serve our customers and consumers. Continue reading...

Economics

3 w. ago Amazon warns on trade war hit as profit outlook misses forecasts

Ecommerce giant says ‘tariff and trade policies’ pose a risk to its earnings

Events

3 w. ago Ship broking giant Clarksons issues profit warning as Trump's tariffs hit rates

FTSE 250 listed company says profits will be in the range of £85 million to £95 million

Events