The value fashion chain’s owner Associated British Foods (ABF) said operating profits at the retailer for the year ending September 12 slumped 60% to £362m. 

Revenues fell 24% to just over £5.8bn, with store sales in the UK down 12% and 17% across its European estate since reopening from the first lockdown.

Sales since reopening in the US have been down 10% year on year, although Primark said excluding its Boston city centre store sales were level with last year.