play_arrow

keyboard_arrow_right

skip_previous play_arrow skip_next
00:00 00:00
playlist_play chevron_left
chevron_left
  • cover play_arrow

    Atlantic 195 Atlantic 195

News

Nearly half of people concerned about how their family will afford Christmas

todayNovember 25, 2022

Background
share close

Nearly half of people ‘concerned about how their family will afford Christmas’

Two-thirds (66%) of people would rather go without a Christmas present this year if the gift-giver is worried about money, a survey has found.

Just over a fifth (21%) said they would encourage people to buy a cheaper gift, research by credit provider Vanquis said.

More than seven in 10 (72%) women surveyed said they would rather go without a Christmas present this year if they know the person giving it to them is worried about money, as would six in 10 (60%) men.

Nearly half (47%) of people surveyed said they are concerned about how their family will afford Christmas and nearly three-quarters (72%) said they would be happy to receive fewer or no gifts this year.

However, fewer than a fifth (18%) of those surveyed would be prepared to have conversations with family and friends about spending and gifting less.

Vanquis said it has collaborated with illustrator Whacko Chacko on a range of digital Christmas greetings to help people have conversations about spending and gifting less.

The greetings will appear on Vanquis’s social channels on Instagram and Facebook. For each share on the posts, Vanquis said it will donate £1 to the Trussell Trust’s emergency fund appeal to help food banks this winter.

Fiona Anderson, managing director of cards at Vanquis said: “It’s important people don’t overstretch themselves to avoid an unmanageable credit bill when it comes to January and beyond.”

Some 2,000 people across the UK were surveyed in October.

Published: by Radio NewsHub

Written by: Holiday Radio News Team

Rate it

Previous post

News

Nurses to strike next month over pay after talks offer is rejected

Nurses are to hold two days of strike action next month in a dramatic escalation of the pay row raging across the NHS. The Royal College of Nursing (RCN) announced its members will stage their first ever national walk out on December 15 and 20. The RCN said it was calling strikes after the UK Government turned down its offer of formal, detailed negotiations as an alternative to industrial action. […]

todayNovember 25, 2022 2


0%