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10 Jan 2008

Christmas Spending

It's now that time of year when we all look at our bank accounts and wonder how much we actually spend over the festive period. If your anything like me the answer is too much!

The British Retail Consortium reported that UK retailers recorded their worst December figures since 2004. However, online retailers have had a more successful Christmas as reported by e-consultancy.com.

Figures from the UK show that 4.4 million people spent a total of £84 million on Christmas Day, 269% more than last year with an average of £19.09 per person. While in the US £14.9 billion was spent in December up 19% on last year.