It's going to be a tight Christmas rather than a white Christmas this year, as families opt to give Grocery vouchers, money or even nothing at all in a bid to save cash.
This year's cost of living Christmas plans have been scaled back in half of UK homes, with money-saving measures such as cutting back on gifts and alcohol, according to research by cashback site, TopCashback. And one in 20 hosts are even planning on charging their guests an average of £34.79 each to stay with them.
Adam Bullock, UK director of TopCashback said: 'Under normal circumstances, Christmas can be financially really tough for many of the population, especially when under mounting pressure to have a "perfect" time. Thanks to the cost-of-living increases, budgets are now required to stretch even further, and our research shows the extent that some Brits are going to, to recoup some of the cost."
