Electricals retailer forecasts another tough year after sales fall as customers take up credit in record numbers

Currys expects sales to continue to fall this year as households buy fewer TVs, laptops and smart speakers as household finances come under pressure from the cost of living crisis.

The electricals retailer said sales of smart speakers had “fallen off a cliff” and people were delaying replacing items such as laptops and TVs as household spending power is squeezed by stubbornly high inflation.

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Source: The Guardian