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M&S cyber-attack disruption to last until July

Customers have been unable to order online for almost a month due to the cyber-attack.

"Over the last few weeks, we have been managing a highly sophisticated and targeted cyber-attack, which has led to a limited period of disruption," said M&S chief executive Stuart Machin. It involves updating in-store ranges and the chain's property portfolio, with digital technology and back-office systems also set to be overhauled. While insurance is expected to cover perhaps a third of the bill, there could be further charges to consider including fines for the data loss, litigation, and future-proofing the business from new attacks.

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