High street giant M&S sees profits surge on its recovery from the cyber attack despite an 'onslaught' of costs

Marks & Spencer has reported a rebound in profits following the crippling cyber attack that hit the retailer earlier this year, with its food division performing ahead of internal targets and driving the recovery. The retailer warned the incident had brought an 'onslaught' of costs but said momentum across the business remained strong.

Clothing sales are still dragging on the overall recovery, with that division underperforming relative to food.

M&S's food business is the standout, described as running 'ahead' of plan despite the disruption caused by the hack.