Brits 'cut back' on Christmas food spending

Wednesday, 10 December 2008
Over a fifth of Brits will spend less on their main Christmas meal in 2008, with supermarket own brands set to benefit, a new report has claimed.

Lightspeed Research said 29% of respondents to its survey will lower their spending, with 44% of these saying they will buy more own brand items than they have previously.

21% said they will be eating at home instead of going out for a meal.

And three-quarters of those polled will have turkey for Christmas dinner and just 2% said they will have a non-meat festive meal.

Only last week, exclusive research carried out by Empathy Research for TalkingRetail.com said a third of shoppers will reign in their Christmas spending.

David Day, chief executive Europe, said: "These findings show that most people in Britain are determined to have a traditional Christmas dinner with all the trimmings in spite of hard times.

"With the amount of time most people plan to spend in the kitchen there may be more than a hint of nostalgia for earlier Christmases when money was short and had to go a lot further."

However, earlier this year a report from Gfk NOP found consumers' grocery spending will be unchanged this year.
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