Press release: UK set to spend £3bn on celebration summer, yet 14m households not considered cost

30 May 2012

New research from the Money Advice Service reveals that, collectively, the nation plans to shell out £3bn this summer – averaging £111 per household. However, when it comes to summer spending, millions of people are unaware of the likely impact it will have on their household budget - well over half (60%, equivalent to 14m households) of those surveyed admitting they’re unaware of the likely costs of their summer celebrations.