Consumer Spending Items
Brits have seen a real-term decrease in the value of wages, but remain upbeat about their financial situation, according to the latest Lloyds TSB spending power report.
Sporty Brits are spending around £680 a year on their hobbies, according to research from M&S Money. Running, cycling and a number of other Olympic sports made the list of top sporting choices.
28 million of us have been overcharged on household bills in the last year, according to figures from uSwitch.com. The comparison website found that despite around half of the UK running into problems, just one in 20 were automatically reimbursed.
Cutting spending on kids, skipping the family holiday and avoiding eating out are just a few of the measures people take in order to keep the most up to date TV packages, according to a Santander survey.
The majority of Brits will be reining in their Christmas spending this year, according to Legal and General's latest 'MoneyMood Survey'. Eight out of ten households said they will not be spending more than last Christmas, and a third plan to spend less than in 2009.
Shoppers are expected to spend less on Christmas this year, according to a report from ING Direct. The company's Consumer Savings Monitor showed while Britons spent £548 per person on gifts and entertainment in 2009, they are only predicting to spend £490 this year.