Rachel Reeves has issued a stark warning about the upcoming Autumn Budget, highlighting a potential tax hike that could cost individuals over £500 next year. This news is significant as it raises concerns about the financial burden on households and the overall economic impact in the UK. With rising living costs, any additional tax could strain budgets further, making it a critical issue for many citizens.

Marks & Spencer has reported a significant setback as a cyber attack severely impacted its sales, leading to a staggering loss of £101 million. This incident not only highlights the vulnerabilities that retailers face in the digital age but also raises concerns about consumer trust and the potential long-term effects on the brand's reputation. As M&S works to recover from this breach, it serves as a reminder for all businesses to bolster their cybersecurity measures.

Marks & Spencer has reported a staggering 55% decline in its first-half profits, largely attributed to disruptions caused by a recent cyberattack. This significant drop highlights the vulnerabilities that businesses face in the digital age and raises concerns about the long-term impact on the company's operations and reputation. As cyber threats continue to evolve, the incident serves as a wake-up call for retailers to bolster their cybersecurity measures.

Burger King is preparing for the potential end of the penny, as restaurant operators stockpile coins and advise customers not to expect exact change. This shift could impact how transactions are handled, leaving cashiers to navigate the complexities of rounding and mental math. It's a noteworthy development in the evolving landscape of currency and payment methods.

Marks & Spencer has reported a staggering 55% drop in adjusted pretax profits due to a recent cyberattack. This significant decline raises concerns about the retailer's financial health, but the company remains optimistic, forecasting a recovery in the latter half of the fiscal year. This situation highlights the growing threat of cyberattacks on businesses and the potential long-term impacts on their profitability.

Marks & Spencer Group Plc is optimistic about its second-half profits, expecting them to bounce back to at least last year's levels. This positive outlook comes as the company recovers from a significant cyberattack that had been affecting sales since April. The rebound is crucial not only for the retailer's financial health but also for restoring consumer confidence in the brand.

Thinktanks from various political backgrounds are calling on Rachel Reeves to reform the UK's tax system, which they describe as 'broken.' They argue that current tax rules are arbitrary and discourage both work and investment. Their proposals include abolishing stamp duty and merging income tax with national insurance, aiming for pro-growth reforms that could benefit the economy. This matters because a more efficient tax system could stimulate economic activity and improve financial fairness for citizens.

Andersons reported a decline in net income to $20.1 million in the third quarter, as trade uncertainty led customers to limit their purchases to only immediate needs.