Christmas items 'falling in price'
Christmas items 'falling in price'
Thursday 11th December 2008
According to research from Halifax, buying Christmas presents should be less expensive this year, with the price of clothing now six per cent lower than 2007 and the cost of toys and games falling by five per cent.
The study also reveals that the cost of turkey has dropped by two per cent in 12 months, meaning a Christmas dinner could be more affordable.
Despite these findings, the bank has urged Christmas shoppers to be careful with their money in light of the current economic situation.
Alan Brindley, head of Halifax Credit Cards, commented: "A number of Christmas favourites have fallen - welcome Christmas cheer for festive shoppers."
"However, while Christmas cake and a number of other items may have come down in cost, times remain tough and the importance of setting aside a budget and sticking to it is paramount."
A recent survey from National Savings & Investments found that 37 per cent of British people plan to make their own cards and decorations to save money and avoid debt this Christmas.
News article brought to you by Debt1 – One of the UK's leading debt management companies.
Related News
Pay-day loans over Christmas could see many fall into debt - 10/12/08
With Christmas being perhaps the most expensive time of the year it is unsurprising that some may fall into debt over the festive period
With Christmas being perhaps the most expensive time of the year it is unsurprising that some may fall into debt over the festive period
Christmas debt 'could have psychological effects' - 10/12/08
Overspending at Christmas is likely to result in psychological problems for consumers, as well as creating a financial burden
Overspending at Christmas is likely to result in psychological problems for consumers, as well as creating a financial burden
Struggling pensioners at risk from soaring energy bills - 10/12/08
Thousands of elderly Britons are cutting back on essential food and heating as a direct result of soaring energy costs, it has been revealed
Thousands of elderly Britons are cutting back on essential food and heating as a direct result of soaring energy costs, it has been revealed
Worried York residents seeking debt advice - 10/12/08
The number of York residents seeking advice over the possible implications of the current economic situation has doubled over the past six months alone, it has been reported
The number of York residents seeking advice over the possible implications of the current economic situation has doubled over the past six months alone, it has been reported
Church leader stresses need for debt advice - 04/12/08
An American religious leader has said that a Christian interpretation of personal finance issues is becoming increasingly popular with his congregation
An American religious leader has said that a Christian interpretation of personal finance issues is becoming increasingly popular with his congregation
News Article Search
Quick Apply
News Archive