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New survey reveals more than half of the British public are cutting back on the number of gifts they buy Christmas,
Savanta polling has revealed that 51 per cent of Britons are buying fewer gifts this year due to rising prices of household goods.
The survey, of 2,138 adults, was conducted online between 12 and 15 December and commissioned by liberal democratIt also found that more than a third of the public, or 37 percent, are prepared to host fewer guests or even no guests at all. Christmas Day.
Meanwhile, about 45 percent of people plan to stay at home instead of visiting family or friends to save money.
The Liberal Democrats said the results highlighted a “cost-spending crisis” fueled by continued rises in the prices of household goods.
Lib Dem Treasury spokeswoman Daisy Cooper said: “It’s disappointing to think that this time of Christmas joy will fade for large numbers of Britons. This Government is allowing a cost-cutting crisis to ravage our country and is refusing to take action to fix it.
“From buying fewer gifts for loved ones, to sadly being forced to leave family and friends in isolation for Christmas, the pressure on households will have a devastating impact everywhere – especially for those left alone on Christmas Day.
“The Prime Minister must act urgently and accept our proposals to put £270 back in people’s pockets by cutting energy bills and cutting VAT for high street hospitality.”
Elsewhere, the survey also found that 45 per cent of Britons are planning to cut down on going to pubs or restaurants this Christmas season, while 55 per cent are shopping at cheaper supermarkets to save cash.
Labor Meanwhile, citing the latest pay figures it has been claimed that people are now earning on average £500 more a year since last year’s general election victory.
The party compared Office for National Statistics data for average weekly earnings for June 2024, the last full month of the Conservative government, with October 2025.
On these terms, the annual salary rises from £35,965 in June 2024 to £38,404 this October. Labor Claiming that workers’ incomes were on average £516 better when inflation was taken into account. Labor is currently trying to reclaim the narrative about its record in government.
According to The Times newspaper, Downing Street chief of staff Morgan McSweeney has met with political staff in recent days and insisted that 2026 would be a “year of proof” for Labour.
Commenting on the latest pay data, James Murray, Chief Secretary to the Treasury, said: “Putting more money in the pockets of working people is a priority for this Labor government.
“It was always going to take time to recover our economy after 14 years of Conservative chaos, but thanks to the choices we made in the Budget, we are bringing inflation down and, this week, we saw the sixth interest rate cut since the election, the fastest pace of rate cuts in 17 years.
“We know there is still more to do. Next year, our government will focus on delivering the better future we promised the British people.”