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Black Friday: Cash-strapped shoppers look to snap up Christmas bargains before cutting back

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City AM

By Jack Mendel Cash-strapped shoppers will take advantage of Black Friday discounts this weekend as they try to make Christmas special, before tightening their belts as the UK enters into a recession. While retailers may see a temporary boost in sales this weekend, shoppers will pull forward Christmas spending rather than “buying twice” as in previous years, Hargreaves Lansdown’s Sophie Lund-Yates told City A.M. A historic trend of people “enjoying shopping sprees here, there and everywhere” in the run up to Christmas would not be on the cards this year, the analyst added. Sales over the weeke…

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