More than two thirds of adults in the UK are planning to reduce their spends this Christmas, new data shows.
Depsite spending the past two festive seasons under Covid restrictions, the rising cost of living means that 75% of adults aren't planning on having a "big celebration" and 70% are cutting back on last year, the poll for Accenture found.
The survey also shows that 49% of people won't be spending as much on presents this year, with 46% not eating out as much and 35% cutting back on their socialising.