1. Holiday & Events

Trading updates show supermarket sales figures rise in run up to Christmas

Several supermarkets saw strong trading over Christmas as higher prices boosted their sales, defying predictions of seasonal gloom for retailers as household budgets squeezed. Tesco said like-for-like sales at its UK stores rose by 5.3%. Its chief executive Ken Murphy admitted that the volume of goods sold was marginally lower than the same period last …

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