
Marks & Spencer and Tesco today added their names to the list of big retailers reporting strong Christmas trading.
M&S boss Steve Rowe said the festive period had been strong for the chain as it increased clothing and home sales for the second consecutive quarter and the food division maintained its recent momentum.
Tesco said market share growth in the UK meant that retail operating profits for the year will be slightly above its current £2.6 billion guidance. There are also updates today from Halfords and ASOS, as well as from Persimmon in the housebuilding sector.