With such a high expenditure, how will families be able to deal with the financial pressure? Many people try to go into Christmas with an open mind, and 45 percent of people try to not set a budget allowing them to share selflessly with others.
Overall people in the UK spent 748 British pounds per person in the year 2016 for this beloved time of year with technology being the leading contributor to sales, amounting to 299 British pounds per person, nearly one third of the overall Christmas expenditure.
With so much money being spent, stores across the United Kingdom (UK) are stocking up and preparing for the Christmas season, but with so much choice, how do consumers know where to shop? This survey shows that 62 percent of people do their research online before going into the shops. This is a wise choice as many people plan on purchasing expensive items such as computers and mobile phones, areas where research is necessary when spending lots of money. Lots of this research is done online, and so too is the purchasing of presents online with 42.61 percent of people doing some of the shopping online and 8.71 doing all of their shopping online to hunt down the best deals.
Christmas has changed over time, but the ethos of sharing and giving will stay forever.