Investors in high street giant Frasers will hoping for signs that conditions are improving for retailers despite “clouds overhanging” the sector and further cost hikes on the horizon.

The retail group, which owns brands including Sports Direct and House of Fraser, will publish its half-year financial results on Thursday.

Earlier this year, the business said it was working hard to offset soaring wage costs and recovering from a “weak period” after last year’s budget.

The next financial update will come a week after Rachel Reeves delivered her latest autumn Budget statement.

The Chancellor confirmed the national minimum wage will rise again next April, while some businesses are also in line for further cost increases including from business rates and property income tax.

Neverthe

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