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Marks & Spencer’s cyber-trauma is bad, but clearly manageable

Chief executive criticises chancellor before budget that could prove bigger threat to business than ‘the incident’ You can tell Marks & Spencer is recovering from its cyber-attack trauma because Stuart Machin, the chief executive, now has time to indulge in some chancellor-baiting.Rachel Reeves’ pre-budget speech on Tuesday was a “nothing” announcement, said Machin, that will just make consumers more worried. Even his mum had been calling him to debate what it meant. Continue reading...

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