A raft of big-name retailers including Tesco, Marks & Spencer, Asos and Halfords updated the market today, adding to what has been a positive tone for UK retailers following the crucial Christmas period.  

Although growing concerns about the spread of the Omicron variant and the mounting cost-of-living squeeze could have dented consumers’ festive plans, Britons eager to make up for a lost Christmas last year flocked back to retail at the end of 2021.