Press release: A third of Brits to cover Christmas with credit and a million to turn to payday loans
**1 November 2013 **
Our third annual Christmas spending survey indicates seasonal spending is set to reach £24bn this year - £1bn less than Christmas 2012.
People anticipate Christmas will cost them £487 this year – that’s £21 less than 2012 (£508). It also highlights the pressures people face as they stretch their finances in the run up to Christmas: