The number of shoppers heading to the Boxing Day sales jumped by over 50% compared to last year, but footfall remains well below levels seen before the pandemic.
Compared to the Boxing Day three years ago, before Covid hit, footfall is down over 30%.
"People are dealing with that," she said, "so a lot of people may rail back on going out on Boxing Day and spending money they perhaps don't need to spend." The agency said that despite industrial action on the railways today, central London footfall - which has been hardest hit by the disruption - saw the sharpest rise for any area in the UK, rising by over 139% compared to last year.
The credit card firm by Barclaycard found that, in a survey of 2,000 would-be shoppers, 42% said their spending would be tempered by the higher cost of living, with many of those saying they would spend less in the Christmas sales compared to previous years.
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