British retailer Marks and Spencer saw its half-year profits more than halved as a result of a cyberattack that brought its online business to a grinding halt.

In a statement on Wednesday, M&S said its underlying pre-tax profits tumbled 55.4% to Β£184.1 million (€208.89mn) in the six months to 27 September largely on the back of a 40% collapse in online home and fashion sales after it was forced to halt online orders.

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