Revellers ready to tighten festive belt

SPENDING on Christmas travel, trees and nights on the town will be greatly reduced this Yuletide, according to a shopping survey.

But, the recession is unlikely to spoil the outlay on booze, cakes and other traditional holiday foods, the TNS mrbi Christmas shopping survey found.

With consumer confidence faltering, it can come as no surprise that shoppers have every intention of tightening their Christmas belts this year, the research conducted in late November indicates.