Earnings preview: After Next sends shivers through the retail sector due to higher wage and other costs, we preview M&S, Tesco, Greggs, Sainsbury and Hilton results

Are we soon going to see a rage of major discount sales hitting the UK High Streets and shopping centres? 

Footfall in the run up to Christmas has been reported has being some 11% down on previous year figures, making two years lower on the trot. 

Perhaps it was the British public not actually ’trotting’ out but staying in and letting their fingers do the walking as the internet offers shone through. 

With the latest Budget measures creating fears within commerce generally, the retail sector has been suffering at their bank accounts as well as at their tills. 

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