Brits to blow less on Xmas

Midweek Sport - - NEWS -

MORE than a third of Brits plan to spend less on Christ­mas com­pared to last year, ac­cord­ing to the re­sults of a new global sur­vey.

Fi­nan­cial ser­vices com­pany Fer­ra­tum an­a­lysed the Christ­mas plans of more than 23,000 fam­i­lies in 19 dif­fer­ent coun­tries.

It found 37 per cent of Brits are plan­ning to spend less on Christ­mas this year com­pared to 2017, with 43 per cent plan­ning to spend the same and just 20 per cent plan­ning to in­crease their spend.

Brits are al­lo­cat­ing 23 per cent of dis­pos­able in­come on Christ­mas this year, the fifth high­est in the world and more than dou­ble that of Ger­many (10 per cent), who are spend­ing the least.

Mex­ico tops list of na­tions spend­ing most dis­pos­able in­come on Christ­mas (48 per cent), then Brazil (38 per cent).

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.