Next to update market as high street sales come under pressure

It comes after sales across Next's high street stores fell by 8.3% over the first half and amid a sharp slowdown in retail sales across the country.

Retailer Next is expected to reveal another poor showing from its high street stores next week as consumer confidence continues to deteriorate following the Brexit vote.

Analysts at HSBC forecast the clothing chain will report a 5.3% fall in third quarter sales at its bricks and mortar outlets when it announces results on Wednesday.