We shoppers will spend on average £420 on Christmas presents this year, says a new survey by accountancy giant PwC.
Average is a lot higher for those in the 35-44 age group though (most likely to have young children!) at £522. Paypackets are growing faster than inflation this year, which means our spending power is improving. Black Friday spending included most of our electrical and technology spending but in the coming weeks we will buy our food,drink and children’s clothing. And with Christmas falling on a Tuesday this year, that final long weekend should be a bumper shopping spree for last minute purchases to send retailers, at least, home happy www.newswireni.com