Co-operative reveals £80m earnings hit from ‘malicious’ cyber attack The Co-operative Group has revealed it slumped to a half-year loss after taking an earnings hit of around £80 million from a “malicious” cyber attack in April. The retailer said it tumbled to a £75 million underlying pre-tax loss for the six months to July 5,
Sir Chris Hoy launches scholarship to support young athletes in university A scholarship for young athletes who are also in university has been launched by Sir Chris Hoy to help them develop their “exceptional talent” in sport and academia. The six-time Olympic champion launched the Sir Chris Hoy Sports Scholarship Fund alongside the University of
Ukrainians cautious as Trump shifts stance and says they can win war with Russia Ukrainians have been cautious in their response to a surprise pivot in US President Donald Trump’s views on their prospects for defeating Russia’s invasion, after he said they could win the three-year war and retake land captured by Russia. Russian officials,
Business Secretary visits JLR as shutdown caused by cyber attack continues Business Secretary Peter Kyle will visit Jaguar Land Rover (JLR) to meet firms in the supply chain as the beleaguered carmaker extended its shutdown in the wake of a cyber attack. JLR, the UK’s largest carmaker, has extended its pause in production until October
£100,000 to control seagulls ahead of summit Funding of £100,000 will be given to councils to control seagulls ahead of a summit on Tuesday, the Scottish Government has announced. Agriculture minister Jim Fairlie will chair a summit in Inverness on Tuesday, bringing together council officials, NatureScot, waste management firms, community groups and others to discuss
Lucian Freud self-portrait could sell for up to £12 million A self-portrait by the British artist Lucian Freud is expected to sell for millions, with estimates ranging from £8 million to £12 million. The art and luxury auction house Christie’s will offer three major works in its 20th/21st Century: London Evening Sale on October 15,
Freeze alcohol duty in Budget, Reeves urged Rachel Reeves has been urged to freeze alcohol duty in her upcoming Budget. An open letter from the Scotch Whisky Association (SWA), UK Spirits Alliance, Welsh Whisky Association, English Whisky Guild and Drinks Ireland has pushed the Chancellor not to increase the rate of excise duty on alcohol
France recognises Palestinian statehood at UN meeting to revive peace efforts France has recognised Palestinian statehood at the start of a high-profile meeting at the United Nations aimed at galvanising support for a two-state solution to the Middle East conflict. More nations are expected to follow, in defiance of Israel and the United States. French
Charities sever ties with Duchess of York after Epstein email Two charities have severed ties with Sarah, Duchess of York, after it was disclosed she sent a message to paedophile financier Jeffrey Epstein describing him as a “supreme friend”. A spokesman for the duchess previously said she apologised to Epstein in April 2011 for associating
Quarter say new archbishop of Canterbury should talk less politics – polling A quarter of people think the next archbishop of Canterbury should talk less about political topics and that it is unacceptable for someone in the role to speak about immigration and asylum, new polling has suggested. The Church of England’s most senior bishop