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Quids in for Xmas.

SCOTS are either ignoring forecasts of economic gloom or simply not believing them as they gear up to spend pounds 788 each this Christmas.

The figure, revealed in the annual report of debit card giant Switch, is up pounds 16 on last year's total.

Scotland's spending spree is the highest in the UK - along with the north of England - and compares to a UK average of pounds 725.

The Midlands can only muster pounds 716 and the so-called rich south is spending a Scrooge-like pounds 678 per head, said the Audience Selection poll of 1,000 adults.

Across the UK, a staggering pounds 34billion is expected to be spent on Christmas, with pounds 15billion of it going on gifts and presents - around pounds 320 per person.

The bumper spending figures are good news for the economy, particularly for retailers who have been hard-hit from falling sales over recent months.
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Copyright 1998 Gale, Cengage Learning. All rights reserved.

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Publication:The Mirror (London, England)
Date:Nov 13, 1998
Previous Article:Cities go electric.

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