Read More Retail Industry News Marks and Spencer (MKS) reports 23.8% profit drop to £671.4m as cyber incident bites but second half returns to growth M&S profit fell 23.8% to £671.4m on a £131.3m cyber bill, yet Food surged 7% and the dividend rose 16.7%. The recovery case hinges on one fragile metric. Read more. bySrinathMay 23, 2026