Britain’s shopping habits changing during recession
The UK is changing its shopping habits as a coping mechanism during the credit crunch, new research has revealed.
A survey by Abbey Credit Cards found that Brits are increasingly searching for bargain deals to make every pound go as far as possible.
More than a third of shoppers now check the price of an item in at least five shops before buying.
Over half (55%) of those polled said they plan to cut back on food spending this year, whilst 41% declared plans to reduce their travel costs.
Almost a third (31%) are going for the ‘shabby chic’ look by spending their Sunday mornings looking for bargains at the local car boot sale, whilst two-fifths now visit charity shops in their hunt for the cheapest deal.
Abbey said: “Britons appear to have lost their traditional reticence when it comes to disputing the price of goods, with four out of ten happy to haggle over the price of a purchase.”