BBC Homepage World Service Education
BBC Homepagelow graphics version | feedback | help
BBC News Online
 You are in: Business
Front Page 
UK Politics 
Market Data 
Your Money 
Business Basics 
Talking Point 
In Depth 

The BBC's Max Foster
"You could get more for your money this year"
 real 56k

Wednesday, 29 November, 2000, 08:46 GMT
Spending on presents to rise
Christmas - high street shoppers
This year, the high street seems to be winning consumers back
By BBC consumer affairs reporter Karen Bowerman

According to a Christmas spending survey carried out by the pollsters NOP (on behalf of Deloitte and Touche) high street shops are winning back consumers from out of town discount stores.

Despite 34% of consumers fearing the economy is getting worse and could be heading for a recession, the majority of shoppers still plan to enjoy Christmas.

A breakdown of spending suggests an average consumer will spend about 300 on gifts, 156 on food and drink and about 100 on socialising.

Presents under the Christmas tree
Most money will be spent on gifts.

It seems people expect to spend more on presents this year, compared with last, but that is probably because they pushed the boat out for the millennium.

People in Wales and the West of England are expected to be the highest spenders this year, with their total Christmas bill amounting to about 600. They are likely to be closely followed by people in East Anglia.

Consumers in the South West of England are expected to spend the least, although their bills are still likely to reach about 450.

Men splash out more

Unlike last year, men are expected to spend slightly more on gifts than women, although 15% of them will probably leave shopping until the week before Christmas, compared with 5% of women.

Consumers in the North East plan to spend most on clothes, those in London say they will concentrate on food and drink.

But while retailers have been worried in the past about the threat from out-of-town shopping centres and discount stores - this year, the high street seems to be winning consumers back.

More than three quarters plan to buy their presents locally, an increase of 7% on last year, rather than heading out of town.

One in four consumers say they will also use the internet, either for purchases or for price comparisons.

But food is likely to account for many internet sales, giving online retailers a busy season.

Just over half of consumers who intend to shop online say they will be seeking food and drink deliveries during Christmas week.

Search BBC News Online

Advanced search options
Launch console
See also:

11 Nov 00 | Features
Shoppers paradise
08 Nov 00 | Sci/Tech
An advert in your pocket
07 Nov 00 | Business
Christmas cracker for web retail
Links to more Business stories are at the foot of the page.

E-mail this story to a friend

Links to more Business stories