Morrisons expected to announce 2% Christmas sales drop

Morrisons is expected to announce poor Christmas sales figures. Credit: PA

Supermarket chain Morrisons will come under more pressure today amid expectations it fared badly over the Christmas trading period.

Its update for the six weeks to the end of December is likely to show like-for-like sales fell by more than 2% on a year ago, as the UK's fourth biggest grocer is squeezed by bigger rivals and discounters such as Aldi and Lidl.

The latest figure will fuel expectations that the chain's under-pressure chief executive Dalton Philips will be forced to downgrade the City's profit hopes.