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Evening Standard
Evening Standard
World
Lydia Chantler-Hicks

UK households set to spend 65% more this Christmas amid soaring cost of living

Two thirds of UK adults are planning to cut back on their spending this Christmas due to the rising cost of living, according to a survey

(Picture: PA Archive)

UK households are set to spend 65% more this Christmas than last due to inflation and the rising cost of living, according to a new study.

The typical spend across the upcoming festive season is estimated to hit £905, including around £145 forked out for food and around £590 spent on gifts.

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