Less Ads, More Data, More Tools Register for FREE
Sponsored Content
Don't want ads? Click here
Sponsored Content
Don't want ads? Click here

Pin to quick picksMarks & Spencer Share News (MKS)

Share Price Information for Marks & Spencer (MKS)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 327.80
Bid: 326.70
Ask: 327.00
Change: -3.60 (-1.09%)
Spread: 0.30 (0.092%)
Open: 331.60
High: 334.80
Low: 326.30
Prev. Close: 331.40
MKS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Timelines are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Britain to face more cyberattacks as AI adoption grows, minister says

Wed, 07th May 2025 13:14

M&S, Co-op and Harrods hit by cyberattacks

*

Recent attacks on UK retailers a wake-up call, says minister

*

In 2024 NCSC received almost 2,000 reports of cyberattacks

*

UK government plans new cyber security strategy, legislation

LONDON, May 7 (Reuters) - The growth of AI will increase the number and sophistication of cyberattacks on Britain, senior minister Pat McFadden said on Wednesday.

British companies, public bodies and institutions have been hit by a wave of cyberattacks in the past few years, costing them tens of millions of pounds and often months of disruption.

Over the last three weeks British retailers Marks & Spencer , the Co-op Group and Harrods have all been hit by attacks, with M&S still unable to take online clothing orders.

The companies have not given any details on the nature of the attacks.

"Today we are declassifying an intelligence assessment that shows AI is going to increase not only the frequency but the intensity of cyberattacks in the coming years," said McFadden, who as cabinet office minister is responsible for UK cyber security.

"Our security systems will only remain secure if they keep pace with what our adversaries are doing," he said.

Speaking at the National Cyber Security Centre's CyberUK 2025 conference, he said that last year the NCSC received almost 2,000 reports of cyberattacks, with almost 90 deemed "significant" and 12 at "the very top end of severity". This was three times the number of severe attacks compared to the year before.

McFadden said the recent cyberattacks on British retailers should serve as a wake-up call for everyone, including government and the public sector, businesses and organisations.

"Cyber security isn't a luxury, it's an absolute necessity."

He said the government will later this year publish a new cyber security strategy, while new legislation, the Cyber Security and Resilience Bill, will grant government new powers to direct regulated organisations to reinforce their cyber defences.

M&S and the Co-op are widely reported to have been the victims of ransomware attacks where criminals infiltrate companies' computer systems, encrypt them and demand payment before allowing them to resume control.

NCSC CEO Richard Horne told the conference he wanted to see a future where paying ransoms is no longer considered an option, where the business model for the attackers no longer works. (Reporting by James Davey. Editing by Jane Merriman)

More News
24 Apr 2025 14:30

M&S says contactless payments still down after cyber attack

(Alliance News) - Marks & Spencer Group PLC on Thursday said it is still battling a cyber incident that hit contactless payments and click and collect orders.

Read more
22 Apr 2025 14:28

IN BRIEF: M&S reports cyber incident to supervisory authorities

Marks & Spencer Group PLC - London-based retailer - Announces it has been managing a cyber incident over the past few days. The company adds it has reported the incident to the relevant data protection supervisory authorities and the National Cyber Security Centre. "As soon as we became aware of the incident, it was necessary to make some minor, temporary changes to our store operations to protect customers and the business and we are sorry for any inconvenience experienced. Importantly, our stores remain open and our website and app are operating as normal. The company has engaged external cyber security experts to assist with investigating and managing the incident. We are taking actions to further protect our network and ensure we can continue to maintain customer service," the firm says.

Read more
17 Apr 2025 17:05

LONDON MARKET CLOSE: FTSE 100 outshines Europe after ECB lowers rates

(Alliance News) - London's FTSE 100 ended little changed on Thursday, outperforming European peers, as investors weighed an as expected interest rate cut by the European Central Bank.

Read more
11 Apr 2025 15:03

London close: Stocks mixed after turbulent tariff-fuelled week

(Sharecast News) - London stocks ended Friday in mixed territory as geopolitical tensions weighed on investor sentiment, following China's decision to sharply increase tariffs on US goods.

Read more
11 Apr 2025 09:50

Bakkavor gives Greencore more time to make firm takeover offer

(Alliance News) - Bakkavor PLC on Friday said it has granted suitor Greencore PLC an extension to the deadline for it to make a firm takeover offer, as the convenience food making peers discuss a possible GBP1.2 billion bid.

Read more
10 Apr 2025 15:38

London close: Stocks rebound as Trump puts tariffs on ice

(Sharecast News) - London stocks closed sharply higher on Thursday, buoyed by investor relief after US president Donald Trump announced a 90-day pause on most of his proposed retaliatory tariffs.

Read more
10 Apr 2025 11:27

UK's Tesco warns profit to fall as it prepares for price war

Adjusted operating profit for 2024/25 up 10.6%

*

Read more
10 Apr 2025 09:45

LondonMetric buys long-let M&S logistics warehouse for GBP74 million

(Alliance News) - LondonMetric Property PLC on Thursday said it has acquired a long-let Marks & Spencer Group PLC logistics warehouse for a total of GBP74.0 million.

Read more
7 Apr 2025 08:57

RBC sees further upside at M&S as momentum builds

(Sharecast News) - RBC Capital Markets has reiterated its 'outperform' rating for Marks & Spencer, saying the the business is well positioned to defy sector concerns.

Read more
3 Apr 2025 10:58

IN BRIEF: J Sainsbury adds Sage CEO and former M&S co-CEO to board

J Sainsbury PLC - London-based supermarket chain - Names Steve Hare, the chief executive officer of accounting software firm Sage Group PLC, and Katie Bickerstaffe, the former co-CEO of retailer Marks & Spencer Group PLC, as new non-executive directors, both joining at the Sainsbury's annual general meeting in July. In addition to M&S, Bickerstaffe has held senior positions at electricity supplier SSE PLC, electrical goods retailer Dixons Carphone and electrical goods maker Dyson, and consumer goods firms Pepsico Inc and Unilever PLC. She currently is a non-executive director of housebuilder Barratt Redrow PLC, investment manager Aberdeen Group PLC, and technical products distributor Diploma PLC, where she is senior independent director.

Read more
27 Mar 2025 15:20

London close: Stocks lower on Trump's latest tariff surprise

(Sharecast News) - London stocks ended lower on Thursday as investor sentiment weakened following a surprise announcement by Donald Trump of a new 25% tariff on all imported cars and car parts.

Read more
26 Mar 2025 15:01

London close: Stocks higher as Reeves delivers Spring Statement

(Sharecast News) - London stocks closed modestly higher on Wednesday, supported by investor reaction to the chancellor's Spring Statement and a larger-than-expected drop in UK inflation.

Read more
21 Mar 2025 10:17

Temple Bar Investment raises dividend, upbeat on UK investments ahead

(Alliance News) - Temple Bar Investment Trust PLC on Friday raised its dividend after reporting an improved net asset value, as NatWest Group PLC, Barclays PLC and Standard Chartered PLC contributed strongly to the portfolio in 2024.

Read more
20 Mar 2025 09:49

LONDON BROKER RATINGS: HSBC raises Lloyds Banking to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday:

Read more
14 Mar 2025 15:54

Tesco, Sainsbury's slide as Asda says overhaul will dent profits

(Sharecast News) - UK supermarket stocks tumbled on Friday after Asda said it would undertake a "substantive" programme of investment in price, availability and the shopping experience to get the business "firing on all cylinders again" that will "materially" dent its profits.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.