Brits plan to spend £8.5 billion on Christmas presents
Brits are planning to spend an average of £325 per household on Christmas presents this year, according research by Tesco Bank. One in ten people are planning to spend over £600 on gifts for their friends and loved ones and 58% of people have started their shopping already.
Tesco has based their £8.5 billion Christmas spend figure on numbers from the Office of National Statistics and the 26,355,000 households in the UK.
November 30, 2012
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