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The Independent UK

Business

Vicky Shaw

The Christmas debt hangovers that will last until May 2025

One in six people went into debt to pay for Christmas 2024, according to research for online budgeting tool IE Hub (Alamy/PA) -

Thoughts of Christmas celebrations may now be firmly behind us, but for some people, their debt hangovers from the festive season will still be lingering when the sun is shining and they’re dressed in shorts and T-shirts.

One in six (16%) people went into debt to pay for Christmas 2024, new research for online budgeting tool IE Hub indicates.

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One subscription that gives you access to news from hundreds of sites

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