Claims extracted
18
sentences that state something as happening or true
Uncertain
6%
1 of 18 hedged
("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
64/100
Evening Standard's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
Marks & Spencer, Next and Primark’s parent firm are among a throng of retailers set to update investors next week, shedding light on UK consumer sentiment heading towards Christmas.
asserted
Marks → set → Christmas
Recent data has pointed towards a fragile consumer backdrop, with rising energy bills and concerns over the wider economic backdrop weighing on some spending habits.
asserted
bills → point → habits
High street bellwether Marks & Spencer will unveil its latest half-year results on Wednesday and show the market how it has been navigating challenging conditions.
asserted
it → unveil → conditions
The retailer was severely knocked by a major cyber attack last year, which saw the business temporarily halt online clothing sales, but has since recovered ground.
asserted
business → knock → ground
It is expected to report a strong rebound in its clothing and home sales compared with a year earlier, when its online sales were weighed down heavily by the cyber attack.
asserted
sales → expect → attack
As a result, profits are also expected to more than double to around £390 million for the half-year to September.
asserted
profits → expect → September
Nevertheless, it is still likely to be below the £413.1 million achieved two years ago, prior to the cyber attack.
asserted
it → achieve → attack
M&S will also be hoping to show the continued strength in its food business, which has seen sales grow on the back of investments into its store formats.
asserted
sales → hop → formats
Another retailer seeking to bounce back from a cyber incident is Asos.
asserted
retailer → seek → incident
The online fashion giant will reveal its figures for the past financial year on Thursday, providing an update on progress in its major turnaround plan.
However, the Topshop owner has seen shares drop 15% since the start of the month after it was targeted by cyber attackers.
asserted
it → reveal → attackers
Asos said the hacker, which impersonated a trusted contact to get log-in information, gained access to some personal data, including names and contact details.
asserted
which → say → names
Customers received a mobile app notification on Tuesday titled “Asos hacked”, which directed them to a Telegram account.
But the company has continued to trade despite the incident and will be keen to ease any concerns the hack may have impacted demand from its customers.
uncertain
hack → receive → customers
Elsewhere in retail, Primark owner Associated British Foods (ABF) will provide a full-year update on Wednesday.
asserted
Foods → provide → Wednesday
It comes as the conglomerate, which also has large grocery and agriculture operations, prepares to split off the Primark business and list it on the FTSE 100 by the end of next year.
asserted
which → come → year
In recent months, Primark has revealed plans to start online home deliveries in a bid to accelerate growth as sales come under pressure from tight consumer budgets.
asserted
sales → reveal → budgets
Next will also provide a trading update on Thursday after cutting its sales growth forecasts for the second half of this year in September due to concerns over consumer spending patterns.
asserted
Next → provide → patterns
It predicted sales growth of 2% for the six-month period, down from a previous estimate of 2.8%, amid caution over the impact of the rising cost of living, higher mortgage costs and a cooling labour market.
asserted
It → predict → living
Investors will be hopeful that recent trading has not been as bad as in recent weeks, as the retailer pushes towards the key festive trading period.
asserted
retailer → push → period
The Aporia
