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M&S boss faces pay package hit amid cyber attack

Analysts have forecasted that M&S may have lost revenues to date totalling more than £75m and could climb to about £125m if online operations are not restarted by the end of the month

Marks and Spencer boss Stuart Machin’s pay is reportedly expected to be cut by up to £1.06m after a cyber attack caused the company’s shares to drop by 14%, according to the Financial Times.

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