High Street results come under microscope

The City is set to have its eyes on the high street as a host of retailers, including Tesco, Debenhams and GUS, are set to report their figures.

Tesco is expected to smash through the £1 billion barrier when it reports its full-year profits on Tuesday. Sales have been boosted by food price inflation and a less aggressive pricing environment in general, while the group is also likely to have increased its share of the non-food market.