High street sales last month sunk to their lowest level in 22 years, a CBI survey has found.

The CBI’s balance of recorded sales decreased to minus 35 from minus 18 in October - the lowest level since the survey began 22 years ago.

John Longworth, executive director of Asda and chairman of the CBI’s distributive trades survey panel, said: “Any hopes retailers had of an early Christmas present have been dashed.”