Co-op reveals cyber-attack cost it £80m in profits; government ponders support for JLR suppliers – business live

Rolling coverage of the latest economic and financial news, as Co-op reveals hack wiped out £206m of revenueThe Swiss economic outlook has deteriorated due to “significantly higher U.S. tariffs,” Swiss National Bank governing board member Petra Tschudin has said this morning.“The outlook for Switzerland remains uncertain,” said Tschudin in remarks prepared for a press conference after the SNB left interest rates on hold today (see previous post)“The main risks are U.S. trade policy and global economic developments.” Continue reading...

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