Festive Frugality

Summary


CONSUMERS are tightening their belts this Christmas, with many cutting down on the number of presents they buy and the majority paying for them in cash, a survey showed today.

Nearly four out of 10 people said they were spending less on Christmas this year, while 21 % of people are changing their shopping habits because of the economic downturn, according to Halifax.

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Extract


Festive Frugality

Around 56% of pe...

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