RE: No I dont12 Dec 2025 12:45
UK Christmas spending to rise 3.5% despite slow start, says PwC
Fri, 12th Dec 2025 00:01
Thomson Reuters
Britons forecast to spend 24.6 bln stg in Christmas period
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Spending was subdued in November
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Mild autumn/early winter unhelpful for fashion retailers
LONDON, Dec 12 (Reuters) - Britons are set to spend 24.6 billion pounds ($32.9 billion) on presents and celebrations over the Christmas period this year, a 3.5% increase on 2024, despite a slow start to festive trading, according to a survey from PwC published on Friday.
With Britain's headline inflation rate running at 3.6% in October, PwC's forecast would indicate flat sales on a volume basis.
PwC said average spending per UK adult is forecast to rise to 461 pounds, with the top priorities being food and drink, Christmas dinner, and health and beauty products.
Of those consumers who said they are planning to spend less, the cost of living was cited as the main reason.
UK CONSUMERS RELUCTANT TO SPEND IN NOVEMBER
Survey data published on Tuesday showed British consumers kept a tight rein on their spending in November as they awaited finance minister Rachel Reeves' budget, while retailers said Black Friday sales disappointed.