Christmas Credit Card Spending Focuses on the Home

Posted by Peter Brady on Wed 22nd November 2006 at 06:00 AM, Filed in Credit News,  UK Business Credit Cards

I guess it’s a question of “home sweet home” when it comes to racking up expenditure on UK credit cards over Christmas.

Morgan Stanley’s recent research suggests “A total of £344 is predicted to be spent by the average Briton on their house and vehicles.”

“Groceries, at a cost of £339, are expected to be the second largest area of credit card expenditure.

Overall, Britons will spend an average of £1,270 on their credit cards between October and December 2006, Morgan Stanley indicates.”

(Via QCK.com)

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