62% of us will spend too much at Xmas

CHRISTMAS is not Christmas, it seems, without a survey predicting most of us expect to overspend on presents, food and drink this year.

Yesterday, Millward Brown IMS predicted 62% of Irish adults will spend to excess — while a third of these expect to shell out “far too much”.

“There appears to be an accepted inevitability of spending too much,” said Guy Perrem, of Millward Brown IMS.