The latest analysis by RIFT Tax Refunds has shown that the cost of living crisis is expected to dampen the Christmas spirit of the nation’s consumers to the tune of £2bn, as retail sales are forecast to fall by -2.3% versus 2021.
The research shows that an estimated £82.2bn is forecast to be spent this Christmas, down not only on the five year peak seen in 2021, but also the pre-...
