PC World and Currys owner Dixons sees sales surge

The owner of PC World and Currys benefited from the demise of rival Comet today by reporting a bigger-than-expected surge in Christmas sales.

Dixons Retail said like-for-like sales in the UK and Ireland were up 8% in the 12 weeks to January 5, despite administrators for the failed retailer holding a clearance sale for the vast bulk of the period.