The Sun
UK · 29 mins ago
✦ 78◉ Centre
M&S suffers £131m profits slump after cyber attack shut online sales and emptied shelves
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Quality 78/100
Partisan intensity 35/100
ObjectivePartisan
◉ Centre ✓ Fair headline
Marks & Spencer reported a £131 million drop in pre-tax profits to £671.4 million for the year to March 29, with the decline attributed to a major cyber attack that disrupted online sales and inventory management.
M&S suffers £131m profits slump after cyber attack shut online sales and emptied shelves
MARKS & SPENCER suffered a £131million profits slump after the major cyber attack that disrupted trade, halted online clothing sales and left shelves empty. The high street retailer said adjusted pre-tax profits dropped by 23.8 per cent to £671.4million in the year to March 29. Revenue fell to £13.8billion after the company was hit by...
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