As millions say they are cutting back, we look at key areas fuelling a Christmas cost of living crisis
It is supposed to be the season for indulgence, giving and goodwill. But for many, Christmas is marked by financial stress as they strive to meet the associated costs.
This year, the war in Ukraine, rising energy costs and supply chain issues have pushed prices of food, gifts and travel up sharply. Close to half (46%) of UK consumers say they plan to cut back this festive season due to rising costs, according to research released by Which?