Currys sales slide amid shortages of key tech goods

Profit forecast cut as Christmas supply problems hit products including PlayStation 5

Currys has trimmed its annual profit forecast after a shortage of goods ranging from PlayStation 5 consoles and Apple products to hairdryers and TVs resulted in a 5% fall in sales over the peak Christmas period.

The UK's biggest electrical retailer said sales were hit by problems including the global chip shortage, which is affecting the supply of electrical goods including TVs and appliances and the shipping of products.