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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2011/01/vat-rush-boosts-john-lewis-sales.jpg"><img class="alignnone size-full" title="John Lewis reported a surge in sales as shoppers rushed to buy household appliances before the VAT hike" src="http://londonglossy.com/wp-content/uploads/2011/01/min-vat-rush-boosts-john-lewis-sales.jpg" alt="John Lewis reported a surge in sales as shoppers rushed to buy household appliances before the VAT hike"/></a></p>
<p>Department store chain John Lewis has reported a surge in sales as shoppers rushed to buy household appliances and furniture ahead of last week&#8217;s VAT hike.</p>
<p>The company recorded sales of £74.6 million across its department stores in the week to January 8 &#8211; an increase of nearly 39% compared with the same week last year.</p>
<p>John Lewis said consumers took advantage of the extra bank holiday on January 3, the day before the Government raised VAT from 17.5% to 20%.</p>
<p>The results come as a flurry of retailers report mixed trading over Christmas and New Year. Last week, John Lewis showed it had shrugged off the severe weather as it posted a 7.6% hike in festive sales.</p>
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