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The Independent UK
The Independent UK
Business
Vicky Shaw

INSANE: Households plan to cut christmas spending compared with last year | Vintage Vibes

This year many households are cutting back on Christmas spending, Yorkshire Building Society said (Nick Ansell/PA) - (PA Archive)

The proportion of people planning to splash out this Christmas has shrunk sharply compared with last year, research suggests.

On average, households expect to spend £596, down from £774 last year, Yorkshire Building Society found.

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