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Guardian

Guardian

Business

Business & Economics

Cyber-attack cost Marks & Spencer £300m in lost sales, company results reveal

Guardian
Summary
Nutrition label

54% Informative

M&S said annual pre-tax profits rose a better than expected 22% to 876 m ahead of the cyber attack.

UK ’s biggest clothing retailer has been battling to recover for a month since its IT systems were hit over the Easter weekend .

Company said it had over 400 m of net funds in the bank so that it was “in the best financial health we’ve been in 30 years ”.

VR Score

40

Informative language

33

Neutral language

18

Article tone

informal

Language

English

Language complexity

50

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

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