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Cost of living bites Christmas with half of parents likely to spend less on pres

NEWS… BUT NOT AS YOU KNOW IT

Almost half of families who celebrate Christmas are likely to spend less on presents for their children this year, research suggests.

As food and drink continue to skyrocket in price, 55% of parents and guardians of kids aged 18 or under will be reducing their Christmas grocery bills.

A survey for the children’s charity Barnardo’s found 47% of families surveyed this month will cut back on presents for their children.

YouGov polled 1,053 parents who celebrate Christmas, with 953 people asked about their present-buying.

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