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Christmas shopping is going on, but with this prices Growing up, ideas about how much is acceptable spend on gifts Have been transferred.
According to MoneySupermarket, gift giving makes a significant contribution to Christmas Britons are expected to spend an average of £181.07 on the Budget Presents This year for loved ones.
Despite the figures, UK households have cut back on Christmas spending at the sharpest rate in almost half a decade.
Data from Barclays shows card spending fell 1.1 per cent in November compared with a year earlier, as people faced earlier uncertainty. Budget,
Inflation remains high, and households have struggled with the cost of household bills throughout the year.
Independent Asked the public how much they were actually spending on gifts this year.