Direct Line: Brits will spend more on presents this Christmas

www.moneynews.co.uk > Insurance > Direct Line: Brits will spend more on presents this Christmas

Direct Line: Brits will spend more on presents this Christmas

Fri 21st Nov 2008

Direct Line Home Insurance has conducted a survey which shows that many Brits will spend more on Christmas presents this year than in 2007, despite the credit crunch.

Of those surveyed, 16 per cent said they would be spending more on presents while 58 per cent said they would spend about the same amount.

Direct Line's study also looked at the differing attitudes of men and women to Christmas shopping, finding that women bought an average of 12 presents, whereas men bought just eight.

Andrew Lowe, head of Direct Line Home Insurance, commented on the trend for bargain hunting by both sexes this year.

He said: "As ever, the nation is fully embracing this year's Christmas festivities. However, for many buying gifts, it means shopping much smarter to get the most for their money."

Although a recent survey by Moneywise.co.uk revealed that women worried more about the credit crunch than men, Direct Line's results suggest that worrying will not stop women buying more presents this Christmas.

Related News : Insurance
	Under-insurance 'a costly mistake for Brits'
	Rodents and pests 'causing havoc for homeowners'
	Brits 'should be aware of home cover details'
	PPI scandal 'has helped tighten financial regulation'
	Location 'can impact home insurance costs for Brits'
	FSA and CC 'failed to tackle PPI issue head-on'
	Pet cover 'important for Brits to get right'
	UK homes are 'falling into disrepair'
	Brits advised on reducing home insurance cost
	UK insurance 'has become more complex'

Related News : Banking
	Young people 'should be taught to save'
	Families 'should plan for their children's future
	Switching bank accounts 'not as easy as banks portray'
	Brits facing finance difficulties 'should talk to their bank'
	Brits 'should utilise Isa allowances'
	Brits advised on investment options
	Children 'should be given bank accounts at 16'
	Falling inflation 'could help Brits save'
	Money worries 'are mounting for many'
	Contactless payment 'is secure and convenient'

Related News : Direct Line
	Insurance for young drivers customers offered advice by Direct Line
	Car insurance for young drivers provider Direct Line warns sleepy motorists
	Direct Line insurance offer 'can be tailored for specific businesses'
	Direct Line highlights affordability of travel insurance
	Direct Line insurance costs increased by bogus claims
	Direct Line claims omitting travel insurance can be pricey
	Direct Line: Take care over frozen pipes
	Using mobiles behind the wheel 'needs bigger penalties'
	Direct Line home insurance offers tips on preventing burst pipes
	Direct Line releases offers for customers