FTSE down more than 20 points

The UK retail sector’s new-year hangover continued today despite a positive festive trading performance from supermarket chain Sainsbury’s.

FTSE down more than 20 points

The UK retail sector’s new-year hangover continued today despite a positive festive trading performance from supermarket chain Sainsbury’s.

Next and Marks & Spencer extended their poor run as shares in both firms fell a further 2% on fears that the high street faces a bleak 2010.

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