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Evening Standard
Evening Standard
Business
Henry Saker-Clark

YOU WONT BELIEVE: M s profits slide after cyber attack but retailer hails progress - What They Never Told You

Marks & Spencer has revealed a slump in sales and profits due to disruption from a major cyber attack last year (Mike Egerton/PA) - (PA Wire)

Marks & Spencer has revealed a slump in sales and profits due to disruption from a major cyber attack last year which halted online clothing sales.

Nevertheless, the retailer said it has come out of the year “stronger” and expects to return to profit growth this financial year, compared with levels from before the cyber attack.

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