The serious half of Fleet Street continues to be wowed by Morrisons’ Christmas performance, with The Times, Financial Times and The Guardian all waxing lyrical about its festive dominance.

The Daily Mail is also impressed, viewing the performance as a victory for gritty northerners over those pansies down south.

It can’t have been such a productive Christmas at booze emporium Threshers, as parent group First Quench is plotting to close “hundreds” of stores in a bid to push up profits – as many as 400 outlets face closure if you believe the Daily Telegraph.

The FT reports that Unilever is feeling the pinch too.

And if you think red tape in the UK is onerous, consider the two individuals facing execution in China over their role in the melamine milk contamination scandal.

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