Christmas Spending
Christmas spending is at the back of a lot of the public’s minds, especially because of present challenges. Food products claim 22 of the 25 highest price increases in 2023. In 2022 the average cost per head for Christmas dinner was £23.82 (from Tesco), what would Christmas be without the food? Then there’s the presents, it is estimated that the average person will spend approximately £600 on presents this year (2023), which is an increase of £180 on last year’s £420 spend.