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| Shops launch post-Christmas sales | Shops launch post-Christmas sales |
| (about 8 hours later) | |
| Retailers will be trying to persuade people to spend more of their money as the post-Christmas sales begin later. | Retailers will be trying to persuade people to spend more of their money as the post-Christmas sales begin later. |
| A number of stores opened their doors at 0700 GMT, many of them offering huge reductions on prices. | |
| Some High Street stores, including John Lewis and Marks & Spencer, began sales on their websites on Christmas Day. | Some High Street stores, including John Lewis and Marks & Spencer, began sales on their websites on Christmas Day. |
| Norman Black, from London's Brent Cross Shopping Centre, said more than 100 of its stores would be starting their sales on Boxing Day. | Norman Black, from London's Brent Cross Shopping Centre, said more than 100 of its stores would be starting their sales on Boxing Day. |
| Others, such as M&S, John Lewis and Fenwick would begin their sales on 27 December with "significant reductions", he added. | Others, such as M&S, John Lewis and Fenwick would begin their sales on 27 December with "significant reductions", he added. |
| M&S offered savings of up to 50% across most of its departments during its online Christmas Day sale. | M&S offered savings of up to 50% across most of its departments during its online Christmas Day sale. |
| Debenhams has announced it is cutting 70% off its prices across its stores, in what it describes as its biggest-ever sale, and launched its online sales from 0700 GMT. | |
| HAVE YOUR SAY I'd rather stay at home with toothache than struggle through heaving masses of people just to save a few quid on something I probably don't need. Steve ToftSend us your comments | |
| And Tesco has also announced it is launching its largest sale, which also begins later. | And Tesco has also announced it is launching its largest sale, which also begins later. |
| BBC correspondent Richard Scott says this is the time of year when many retailers must pay their next three months' rent. | BBC correspondent Richard Scott says this is the time of year when many retailers must pay their next three months' rent. |
| This will therefore increase pressure on them, he said, with insolvency experts predicting more than 10 retail chains could go bust next month. | This will therefore increase pressure on them, he said, with insolvency experts predicting more than 10 retail chains could go bust next month. |
| Research by PricewaterhouseCoopers has suggested that 82% of High Street retailers offered either sales or promotions in the run up to Christmas. | Research by PricewaterhouseCoopers has suggested that 82% of High Street retailers offered either sales or promotions in the run up to Christmas. |