This Christmas may look a little different, with eight in 10 of us planning to slash our festive spending. Shoppers are expected to spend £4.4billion less on non-essentials in the run-up to the big day, retail forecasters say.
But there are plenty of ways to stretch your pounds in December. Here, in the first of a three-part Cost of Living Christmas savings special, we reveal how to chop your food bill – potentially by hundreds of pounds.
As supermarket prices surge, Oli Townsend, of MoneySavingExpert, says it’s about making careful choices before you get to the checkout. He said: “You may be tempted to buy the ‘finest’ foods for Christmas, but often that’s just marketing. Try ‘downshifting’ from branded to supermarket own-brand.