Video games retailer Game warned today that it is set to breach a banking agreement after a dismal Christmas capped an “incredibly tough” year for the industry.

British sportswear retailer JJB today warned it was likely to violate the terms of a £25m (€29.6m) loan as trade at the embattled company continued to deteriorate.

MARKS and Spencer has seen a solid improvement in trading at its Irish stores since the last budget, an indication, it said, that consumers want more confidence about where they stand financially.

Computer games retailer Game today said the decline in its sales had slowed following a number of blockbuster software releases.