Last year it was expected that households would spend, on average £796 on Christmas – with £596 going on gifts, £159 on food and drink and £41 on cards, trees and decorations.
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Depending on the size of your family and friends, and on how generous you are, it’s quite possible that you spend more than this every Christmas. And this doesn’t even take into account the cost of going out, and the endless round of parties. Continue reading