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flag UK retailer Marks & Spencer halts online sales after cyberattack, losing £700m in stock value.

flag Marks & Spencer (M&S), a UK retail giant, is facing severe disruptions after a cyberattack forced the company to halt online orders and close its mobile app. flag The attack has affected the company's distribution center, leading to an estimated £700 million drop in stock market value. flag M&S has instructed staff to stay at home and is working with cybersecurity experts to restore services. flag The incident has also impacted gift card payments and the company's Sparks reward scheme. flag Analysts warn that the prolonged disruption could harm M&S's reputation, especially as summer sales are affected.

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