The owner of Currys and PC World unveiled its vision of the "urban toy shop" today with the opening of a high-tech store at a major UK shopping centre.

The boss of Dixons Retail today said the Currys and PC World owner was poised to take advantage of the demise of rival Comet.

Dixons Retail posted a fall in profits today as the PC World and Currys owner joined rival Comet in counting the cost of gruelling trading conditions.

Updates and results from Curry’s owner DSG International and property website Rightmove will bring the impact of recent interest rate hikes back into focus this week.

Dixons and Currys owner DSG International said today it may pull the plug on its PC City stores in France after suffering disappointing sales.