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The cyber-attack is costly and embarrassing. But M&S should pull through | Nils Pratley newsthirst.

Shouldn’t a robust IT system be able to withstand the odd “human error”, such as somebody at a third-party supplier being hoodwinked by devious cybercriminals? Isn’t £300m at the expensive end for these events? And should it really take four-and-a-half weeks, and counting, for one of the UK’s biggest and well-resourced retailers to restore its…

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Electric vehicle sales hit two-year low in Australia as hybrid cars boom | Electric vehicles newsthirst.

The number of battery electric vehicles sold in Australia has fallen to its lowest level in two years as Australians continue buying traditional internal-combustion cars or turn to conventional and plug-in hybrids, according to the nation’s peak motoring body. There were 17,914 new battery electric vehicles sold in the first three months of this year,…

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Rayner urged Reeves to consider wealth tax rises before spring statement | Tax and spending newsthirst.

Angela Rayner urged Rachel Reeves to consider a series of wealth tax rises, it has been revealed, in a move that underscores growing unease within the government over the chancellor’s tight spending plans. A memo sent by the deputy prime minister to the chancellor before March’s spring statement proposed eight potential tax measures worth an…

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US chip export controls are a ‘failure’ because they spur Chinese development, Nvidia boss says | Nvidia newsthirst.

US chip exports controls have been a “failure”, the head of Nvidia, Jensen Huang, told a tech forum on Wednesday, as the Chinese government separately slammed US warnings to other countries against using Chinese tech. Successive US administrations have imposed restrictions on the sale of hi-tech AI chips to China, in an effort to curb…

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Mental health of NSW grandmother accused of murdering two grandsons will be central issue in case, court hears | New South Wales newsthirst.

Mental health will be the central issue in the case of a woman accused of murdering her two young grandsons in their rural home. Kathleen Joyce Heggs, 66, has been charged with two counts of domestic violence murder over the deaths of Max and Sam Johnson, aged seven and six. The brothers were found dead…

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Sydney trains delays: fare-free day to compensate commuters stuck in rail chaos as Minns calls for review | Sydney newsthirst.

The New South Wales premier has called for an independent review as hundreds of thousands of Sydney commuters continue to face severe disruptions after a high-voltage wire collapsed on to a train on Tuesday afternoon, crippling the city’s rail network. Chris Minns also announced a fare-free day for Monday to compensate commuters who faced chaotic…

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