Why did Marks & Spencer end its contract with TCS?

Marks & Spencer ended the specific IT service-desk contract with Tata Consultancy Services after a major cyber-attack disrupted operations. While M&S says the decision was part of a regular procurement review, the timing and context have raised questions about vendor risk exposure.

What was the impact of the cyber-attack on M&S's business?

The attack in April 2025 forced M&S to suspend parts of its online business and disrupted store operations. Analysts estimate the breach could reduce operating profit by up to £300 million and wipe more than £1 billion off market value.

How should investors interpret this event when analysing companies?

This event highlights that vendor relationships, cybersecurity resilience and IT-infrastructure risk are material factors, even for companies not traditionally seen as tech firms. Investors should include these operational risks in their stock research and consider how they could affect growth, margins and reputation.

UK Stocks

Marks and Spencer Ends TCS Contract Following Cyber Attack Investigation

ByAmna Habib October 28, 2025October 28, 2025

In a major shake-up at Marks & Spencer (M&S), the retailer has formally announced that Marks and Spencer Ends TCS Contract for its IT service desk after a serious cyber-attack prompted a wide investigation. The move signals heightened concern over vendor risk and technology contracts in the modern retail era.

Continue Reading on Meyka

This article is available in full on our main platform. Get access to complete analysis, stock insights, and more.

Read Full Article →

UK Stocks

UK Inflation Stalls at 3.4% in May, Driven by Rising Food Prices also Transportation Costs Slows
ByZain June 18, 2025June 18, 2025

In May, UK inflation held steady at 3.4%, a slight dip from 3.5% in April. This shift stems from higher food prices pushing costs up, while transportation expenses slowed down. For readers, this means understanding how these changes affect daily life and the stock market right away. Continue Reading on Meyka This article is available…

Read More UK Inflation Stalls at 3.4% in May, Driven by Rising Food Prices also Transportation Costs Slows
UK Stocks

JD Sports Faces US Consumer Weakness as Shareholders Seek Growth
ByZain August 23, 2025August 23, 2025

JD Sports stands at a crossroads in the stock market. The company deals with tough times in the US. Weak consumer sentiment and US tariffs hurt sales there. Continue Reading on Meyka This article is available in full on our main platform. Get access to complete analysis, stock insights, and more. Read Full Article →

Read More JD Sports Faces US Consumer Weakness as Shareholders Seek Growth
UK Stocks

Tesla Faces 60% Sales Decline in the UK as BYD Gains Market Share
ByZain August 6, 2025August 6, 2025

Tesla faces a steep challenge in the UK. New car sales dropped nearly 60% to 987 units in July. This shrank its market share to just 0.7%, shaking its stock market value. Continue Reading on Meyka This article is available in full on our main platform. Get access to complete analysis, stock insights, and more….

Read More Tesla Faces 60% Sales Decline in the UK as BYD Gains Market Share
UK Stocks

Can Aviva Share Reach 800p? Analysts Weigh in on the Potential Rally
ByZehra Naz November 13, 2025November 13, 2025

As of 13 November 2025, Aviva shares trade around 660 pence, sparking a question: can they hit 800 pence anytime soon? Analysts of the UK insurer have placed that target on the table, and investors are watching closely. The company has delivered strong trading updates, including growth in general insurance premiums and rising assets under…

Read More Can Aviva Share Reach 800p? Analysts Weigh in on the Potential Rally
UK Stocks

UK’s FTSE 100 Reaches Record High Driven by Strong Performance from Miners
ByAyesha Sadeeqa July 10, 2025July 10, 2025

The FTSE 100 in the UK has reached its highest level ever. That’s big news for investors and businesses alike. This surge wasn’t random; it was mostly powered by strong mining stocks. Companies like Rio Tinto and Anglo American saw major gains, pushing the index past its previous peak. Continue Reading on Meyka This article…

Read More UK’s FTSE 100 Reaches Record High Driven by Strong Performance from Miners
UK Stocks

Greggs Shares: Is the 40% Drop an Unbeatable Bargain for Investors?
ByZain July 11, 2025July 11, 2025

We begin with Greggs shares, a topic stirring interest across the stock market. In 2025, their value dropped almost 40%, catching many investors’ eyes. This piece explores whether that dip signals a rare chance to buy into a solid company at a low price. Continue Reading on Meyka This article is available in full on…

Read More Greggs Shares: Is the 40% Drop an Unbeatable Bargain for Investors?

Continue Reading on Meyka

Similar Posts

Leave a Reply Cancel reply