BBCNEWS Business Briefing July 13, 2024
Christmas is nearly here and theres still a bit of time left to get last minute gifts before the holiday begins. But how much are we spending on it all . Lets take a look. Research by the bank of england has found that during the christmas period, a typical uk household spends around £800 on top of its usual spending. So thats around 1050. That figure also happens to be about the same amount spent per person in the us according to the National Retail federation. Taken together, americans are expected to spend around 730 billion over the Holiday Season this year, which is an increase on previo...