Companies

Jan 6: Retailers avoid disastrous Christmas

Investors were offered some cheer on Tuesday that Christmas might not have been a total wash-out for the high street, as the retail reporting season kicked off with slightly better than expected performances from two of Britain's biggest retail chains. Beth Rigby, consumer industries editor, talks to Daniel Garrahan about why shares in Next and Debenhams have rallied, despite a small decrease in sales at both companies.