Halloween moneyspinner

More than half of consumers will spend money on Halloween this year as the event continues its growth in popularity across the UK, figures show.

The average consumer will spend £23 on Halloweenrelated sweets and food, decorations and costumes, up 5 per cent on last year, according to a survey for Royal Mail.

Almost a tenth ( 8 per cent) will spend more than £50, with little planning ahead of the event meaning most buying will take place in the two to six days ahead of 31 October.

Retail analyst Shoppertrak expects shoppers to spend £320 million on Halloween purchases, up 3.2 percent year-on-year in a“growing shift in the adoption of the festival by UK consumers”.

David Gold of Royal Mail said :“Spend on Halloween in the UK is growing, slowly but surely, and retailers are increasing their seasonal products to react to consumer demand.”