Britons To Spend GBP1.37 Bln On Christmas Eve

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Many of the UK consumers have left their Christmas shopping to the last minute rush, as up to 13.3 million people are likely to shop on Christmas Eve, a survey from Sainsbury's Credit Cards said on Thursday.

The survey showed that 19% of adults plan to do some of their shopping on Christmas Eve, spending around GBP 1.37 billion. This equals GBP 57 million an hour or GBP 951,000 per minute. Overall, around 7% of people's festive spending is set to take place on Christmas Eve. But, 1.53 million people intend to do between 91% and 100% of their festive shopping then.

Additionally, the survey found that around 2.1 million people intend to put half or more of their last-minute Christmas shopping on their credit cards. Nearly 18% of the last minute shopping, worth GBP246 million, is likely to be placed on credit cards.

Many of the UK consumers have left their Christmas shopping to the last minute rush, as up to 13.3 million people are likely to shop on Christmas Eve, a survey from Sainsbury's Credit Cards said on Thursday. (Market News Provided by RTTNews)