Press release: UK to spend £29bn on Christmas 2012

5 November 2012

Christmas spending is expected to hit £29 billion this year, according to our Christmas spending survey, which we commissioned to launch our Have a savvy Christmas campaign.

People are expecting to spend, on average, £46 more than last year; and among those set to celebrate Christmas (about 19 million people), 41% anticipate this Christmas will be more difficult to afford than last year.

UK adults expect to spend an average of just under £592 in total on Christmas this year. More than a quarter of us (27%) admit we often get ‘carried away’ and spend more than we can afford at Christmas.