City shoppers feel pressure to blow their xmas budget

One in four Christmas shoppers in Sheffield are feeling pressured to spend more than they can afford this festive season - according to a new survey.

The figures, released by MusicMagpie this week, reveal the average spend on presents in the city is expected to be around £319 this year, causing eight per cent of Sheffielders to resort to additional credit to fund their Christmas spends, while a further 12 per cent have already sold unwanted items in an effort to find the extra cash.

Liam Howley, marketing director at MusicMagpie - a re-commerce company which gives people cash for their unwanted items - said: “Christmas shopping is a significant area of expenditure for consumers at this time of year, so it’s no surprise people in Sheffield are feeling the pressure to spend more than they can afford.”

Related topics: