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The Independent UK
The Independent UK
Business
Karl Matchett

Business news: Jaguar Land Rover announces job losses, Barclays cuts mortgage rates as low as 3.75%

Marks & Spencer have taken another step towards fully overcoming their cyber attack earlier this year by reinstating their Sparks loyalty card, including giving staff members an additional discount for a short period as a thank you. A series of cyber attacks on retail stores included hits on adidas, Harrods and Co-op. The latter said this week customer details of 6.5m people had been stolen in the breach.

In the stock markets, the FTSE 100 is just around the 9000 points mark at the end of the week, while bitcoin sunk back below $120,000. US stocks rose on Thursday with Microsoft edging closer to a $4tn market cap, following Nvidia which reached the milestone earlier this month, but were flat after opening on Friday.

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