- Furniture retailer ScS said its order intake had fallen in the year to date, the the rate of decline had improved since earlier in the year.

The company said its like-for-like order intake in the 17 weeks ended 23 November had fallen 7.1%.

That was an improvement on the like-for-like trading for the first nine weeks of the year reported by the company with its full year results.

'It is clear that the ongoing economic and political uncertainties are continuing to impact consumer confidence and spending,' chairman Alan Smith said in speech notes for the company's annual general meeting.

'However, the board is pleased to report that the business is trading in line with our expectations.'

'The group continues to focus on delivering a value proposition with excellent customer service whilst increasing our resilience.'

'This puts us in a strong position to take advantage of opportunities which will add value in the longer term once the economy and consumer confidence improve.'

At 8:21am: [LON:SCS] SCS Group Plc share price was -1.5p at 220.5p

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