Investors' Chronicle M&S, quantum stocks & healthcare trusts: The Companies and Markets Show
Nov 7, 2025
Mark Robinson, a financial journalist, dives into Marks & Spencer's latest half-year results, revealing the impact of a recent cyber attack on profits and performance. James Norrington, a technology commentator, explores groundbreaking advances in quantum computing, discussing their implications for markets and AI. Finally, investment expert Val Cipriani reviews the performance of key UK-listed healthcare trusts and highlights innovative strategies aimed at attracting investors. Tune in for insights on retail resilience, quantum stock speculation, and healthcare trust dynamics!
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Cyber Attack Dented M&S Profits
- Marks & Spencer's half-year results were dominated by the April cyber attack, which wiped reported returns and cut underlying profits ~55%.
- The company faces ongoing stock-management and markdown costs, with about £136m incurred and further costs to come.
Phased Recovery Hit Store Traffic
- Mark Robinson described how phased recovery resumed with home delivery first, then click-and-collect returning only by August, reducing store visits.
- He recounted personal trips finding missing stock as an example of lingering operational disruption.
Food Business Recovered Strongly
- M&S food sales recovered fastest and were up nearly 8% in the period, with gross margins restored and reduced wastage.
- The food business is central to M&S and forms a key part of its long-term growth plan to double in size.