A new survey shows that nearly half of parents who celebrate Christmas are likely to spend less on gifts for their children this year.
Meanwhile, 55% of UK parents with children under the age of 18 are likely to spend less on food and drink this Christmas, according to a survey by charity Barnardo’s.
About 47% say they are more likely to give fewer presents to their children.
YouGov polled 1,053 parents celebrating Christmas and 953 were asked what they were likely to give away for charity in October.
The survey also found that 42% of parents plan to reduce their children’s spending on Christmas activities and entertainment.
18% of respondents said they have no plans to cut back on Christmas spending this year.
Barnardo’s is asking businesses and the public to “embrace the season of giving” by supporting the My Christmas campaign.
It is being launched to raise funds “for the many children who are feeling cold, hungry and left out” due to the rising cost of living this Christmas.
The funds will help provide Barnardo’s-sponsored children’s food parcels and supermarket vouchers, winter clothing for children, Christmas gifts and gift vouchers, and Christmas parties for families.
Lynn Perry, Chief Executive Officer of the charity, said:
“But for Britain’s most vulnerable children, a ‘normal’ Christmas doesn’t have enough food, struggles to stay warm, doesn’t have presents and feels left out while others celebrate. It means that
“We want all children to feel safe and happy at Christmas, but that’s not possible if their basic needs aren’t met.
“With food and energy costs skyrocketing this year, our research shows that many parents are facing additional pressure to create a special Christmas for their families during a time of unprecedented economic stress. There is
If you would like to donate or support, please visit Barnardo’s website here.