LONDON—British consumers enjoyed a blowout Christmas, results from the country’s biggest retailers show, treating themselves to upmarket food, drink, and clothes before the sober reality of surging prices hits home in 2022.
Retailers Tesco, Marks & Spencer, and Next performed better than expected in the final weeks of 2021, as a rise in COVID-19 cases left pubs and restaurants deserted, and consumers crowding supermarket aisles for tempura prawns, novelty bottles of gin, and turkeys.
