Valentine’s Day spending: what the numbers say (and what they don’t)
Valentine’s Day has a way of turning into its own financial event. Not necessarily because we want it to, but because of societal expectations - after all, 1 in 4 people say they feel pressured to spend more than they want to for Valentine’s Day.
This year, the UK is expected to spend £2.38 billion on Valentine’s Day, which would be a record and a 7% increase compared to last year.
That headline number is eye-catching, but, as always, there’s more behind the clickbait. So let’s break down what’s actually going on.
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