Category: Finance

The cyber-attack is costly and embarrassing. But M&S should pull through
If £300m can be whittled down to £150m, it’s a big hit but still a long way from upsetting M&S’s broader revival Shouldn’t a robust IT system be able to withstand the odd “human error”, such as somebody at a third-party supplier being hoodwinked by devious cybercriminals? Isn’t £300m at the expensive end for these…

Nvidia boss calls US chip policy a ‘failure’
His comments come as the White House says it will overhaul rules restricting sales of advanced chips. His comments come as the White House says it will overhaul rules restricting sales of advanced chips. BBC News

Target sales hit as Trump tariffs take effect
The US chain reports a sharp fall in sales which it blames on a “highly challenging environment”. The US chain reports a sharp fall in sales which it blames on a “highly challenging environment”. BBC News

Liberty Steel has not produced anything at two key plants since July 2024
Lack of work at Rotherham and Motherwell sites highlights financial crisis at UK’s third-biggest steel producer Liberty Steel has produced nothing at two of its key UK plants since July, in a sign of the deep financial difficulties for Britain’s third-biggest steelmaker as it looks for rescue funding. The plants at Rotherham in South Yorkshire…

UK-wide parking app to be rolled out by industry bodies after pilot scheme
National Parking Platform, where motorists can pay for all parking on single app, to launch ‘as soon as possible’ For motorists fed up with having to wrestle with a phone full of apps to pay for parking their car, relief could finally be in sight with a unified app. Lengthy delays have dogged a government-funded…