Christmas Cheer Fades for UK Economy

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Christmas Cheer Fades for UK Economy
The festive season is no longer the guaranteed boom for UK shops and restaurants that it once was. Experts report a significant shift in how consumers are spending their money during the holidays. While Christmas remains a major sales period, rising living costs are forcing households to be more cautious. Many are starting their shopping earlier to spread out the cost, reducing the traditional last-minute rush. There is also a growing preference for spending on experiences or smaller gatherings, rather than on physical gifts. This change in behaviour means the economic boost from Christmas is becoming less concentrated and less predictable for the retail and hospitality sectors.