Savvy Christmas shoppers are looking to cut their spending budget by as much as half this festive season – by spending less per person, and reducing the number of people they buy gifts for, a study has found.
A survey of 2,772 Brits, who celebrate Christmas, revealed that more than one in three (35%) plan to spend less money on presents this year, as two-thirds are worried about the cost-of-living crisis.
Other top reasons for seeking to spend less include not wanting to get into debt (24%), trying to be thriftier (39%), and concerns over paying gas and electricity bills (42%).
