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flag Cyber attack on Marks & Spencer costs £300 million, disrupting online sales and store stock.

flag Marks & Spencer (M&S) faces a £300 million hit to its profits due to a cyber attack that began in April, disrupting its online services and causing empty shelves in stores. flag The attack, linked to the hacking group Scattered Spider, impacted customer data and forced M&S to suspend online orders. flag Recovery is expected to continue until July, but the company aims to mitigate costs through insurance and other measures. flag Despite the attack, M&S reported a 22.2% increase in pre-tax profits for the year to March.

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