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M&S profits almost wiped out after cyber hack left shelves empty
Posted onM&S’s profits were almost wiped out after it was hit by a cyber-attack which left shoppers unable to buy online from the company for months. The hack was “an extraordinary moment in time,” it said, as it revealed statutory profit before tax – a figure that reflects all costs for a period – slumped 99%…
Leonardo helicopter deal to go ahead after Reeves intervention
Posted onUnite called on the government to push ahead with publication of its Defence Investment Plan, to clarify the future of other contracts including the replacing of old fighter jets with new Typhoons, fitted with Rolls Royce engines, and a further commitment to military satellites built in Portsmouth and Stevenage.
Trump tariffs: The uncertainties facing businesses and consumers after tariff changes
Posted onUS economist Bernard Yaros pointed out that Trump has already used Section 232 of the Trade Expansion Act of 1962 to introduce industry-specific tariffs on sectors including vehicles, steel and aluminium, and noted that “the Department of Commerce has launched Section 232 investigations into pharmaceuticals, semiconductors, critical minerals, and aircraft”.
Why your chocolate is getting smaller, more expensive and less chocolatey
Posted onArchie MitchellBusiness reporter Getty Images Crack open a tub of Celebrations or pull a Terry’s Chocolate Orange from a stocking these days, and have you noticed, there seems to be a little less to go around? Not only that, you might find – no, it is not your imagination – that some popular treats taste…
