Co-op Reports £206m Revenue Loss After Cyberattack
🛒 The Co-op revealed a £206m revenue shortfall resulting from a “malicious” cyber-attack in April after it temporarily shut down multiple systems to contain the threat. The retailer recorded an overall six-month loss of £80m to 5 July 2025 and said sales disruption is likely to continue into H2 2025. No remediation breakdown was provided, although a one-off non-underlying cost of £20m was logged. The intrusion has been linked to Scattered Spider, and UK authorities have made several arrests related to this and similar retail attacks.
