UK families likely to spend less this Christmas as Asda’s Income Tracker reveals they actually have £17 a week more in their pockets than last year
- The average UK household had £193 of discretionary income in October, up by £17 a week in October compared to 2014
- Price of vehicle fuels dropped by 14%, giving families more to smile about ahead of the great Christmas getaway
- The cost of electricity and gas fell by 4.1%, easing the pressure as the mercury drops
- Yet research shows that even with deeper pockets, over one in five (21%) customers is planning on spending less this Christmas
Christmas is just around the corner, and Asda’s latest income tracker shows that British families have more money in their pockets to celebrate the festive season.
Households across the nation have been enjoying a boost to their coffers with an extra £17 a week of discretionary income in their pockets, a rise of 9.6% compared to this time last year . However, customer confidence still remains cautious ahead of the Christmas period.Read more