Xmas > Christmas News

UK Families To Lead The Way In Christmas Spending

Wed, 17 Nov 2010

UK families are expected to spend the most money this Christmas compared to other European countries.

Research carried out by the Centre for Retail Research (CRR), commissioned by price comparison site Kelkoo, shows that British households will spend an average of £642.24 over the festive season.

The majority of funds will go towards Christmas presents, with consumer electronics expected to be the most popular Xmas gift category this year.

According to Kelkoo, each family will buy £97.60 worth of electrical gifts this Christmas – more than any other nation in Europe – while around £71 will be spent on toys .

"Although trading conditions will remain challenging this year, presents are still set to be piled high," Kelkoo CEO Richard Stables said.

The CRR report predicts that families in Sweden will be the second biggest Christmas spenders this year, with the average expenditure per family totalling £541.10.

It also forecasts that online sales across Europe this festive season will soar by 25.1 per cent to £27.16 billion.

UK Families To Lead The Way In Christmas Spending - Wed, 17 Nov 2010

Supermarket Slammed For Selling Reindeer Meat In Run-Up To Christmas - Mon, 15 Nov 2010

Britains Biggest Xmas Tree Erected In Edinburgh - Wed, 10 Nov 2010

Xmas Presents Snatched From Doncaster Church - Mon, 08 Nov 2010

Rihanna Lights Up Christmas Decorations At Westfield London - Fri, 05 Nov 2010

Coca Cola To Kick Start 2010 Christmas Campaign - Thu, 04 Nov 2010

Supermarket Offering GBP1.3bn Savings This Christmas - Mon, 01 Nov 2010

Ballymena Becomes First UK Town To Raise Christmas Tree - Fri, 29 Oct 2010

Top 12 Must Have Toys For Christmas Announced - Wed, 27 Oct 2010

Apple Devices Dominate Kids Christmas Wishlists - Tue, 26 Oct 2010

More news...