
Retail giant Marks & Spencer hailed strong Christmas trading as it revealed record food sales and its highest clothing and home market share for seven years (PA)
(Picture: PA Wire)FRESH hope that the UK could narrowly avoid a recession arrived today in the form of bumper Christmas trading figures from both Tesco and Marks & Spencer.
While that could indicate a last splash-out before austerity bites, the numbers are strong enough to suggest consumers are more resilient than feared.