In its annual Christmas Survey, Deloitte found that UK shopping budgets for the festive season this year are due to increase by an average of £6, to £567 – a 1.3% increase from the previous year. This compares to an average European festive budget of £395.

Of that £567 average spend, the majority of consumers will set aside £299 for presents, £143 for food and drink, £63 on socialising and a further £62 on travelling.

The Deloitte survey also found that, despite the increasing penetration of online retail sales, 60% of consumers still intend to buy Christmas presents on the high street and in-store. That was followed by 41% of presents bought online without physical stores, and 27% of present bought through click and collect.