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Co-op says cyber-attack cost it £206m in lost sales
The Co-op has said the cyber-attack it suffered earlier this year cost it at least £206m in lost revenues. The retailer’s IT networks were infiltrated by hackers in April, resulted in payment problems, widespread shortages of goods in shops, and the loss of customer data. Co-op chair Debbie White said the “malicious” attack had caused…
Ofwat launches investigation into South East Water
Jacob Panons & Joshua AskewSouth East Getty Images South East Water is set to operate bottled water stations again on Thursday Regulator Ofwat has opened an investigation into South East Water after repeated water supply failures across Kent and Sussex. Some 30,000 properties had no water at the height of the problems, with thousands still…
Who is Jim Ratcliffe, the billionaire Ineos boss and Man Utd co-owner?
Despite switching his tax residency, Ratcliffe still gets about with properties spread between London, the Hampshire coast and New Forest, the French Alps, Switzerland and Monaco, as well as owning two superyachts and a Manchester-based football club to support.
