Christmas boom
1 Dec 09
In the run-up to Christmas, shoppers will spend as much this season as last year, despite the UK remaining in recession, according to a report by Deloitte
The firm predicts that the impact of job losses and higher taxes would be more likely to squeeze Christmas next year.
The Deloitte report found that people were not reining in their spending too much this Christmas owing in part to the savings they have been making on their mortgages at times of low interest rates.