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More than 4 million fear they`ll be made redundant Consumers took on more mortgage debt in July Debts called in by parents Teenagers `scared of debt` Rising household costs could pressure people in debt Pensions debt may impact workers` retirement funds Welsh young adults `at highest risk of debt problems` Over 50s can`t afford to enjoy retirement because of debts Budget: tackling the nation`s debt Short-term debt: `no need for price control` The cost of clearing debt Education debt Tackling the national debt Number of mortgage deals on offer exceeds 3,000 Almost 5 million take on debt to pay household bills OECD: household debt more than 120% of disposable income Petrol price falls help people in debt Amount of mortgage debt taken on at lowest level in ten years Northern Ireland sees significant IVA rise Overdraft debt `becoming more expensive`

Online shoppers `avoid festive stresses`

11/12/2007

Stressed-out shoppers will turn to the internet more than ever this festive season to avoid the strains of the Christmas rush, new research shows.

In an effort to control seasonal spending, which soars out of control for many shoppers, online stores are reporting a rise in visitors, with Abbey finding that 36 per cent of Brits will shop online this Christmas.

Almost one fifth of men get their shopping done in one day, while over one third of shoppers are cutting back on festive shopping due to rising debt problems. The average person will take three trips to shopping centres to complete their gift hunting.

Roger Lovering, managing director of Abbey Credit Cards, said: "Reducing tension is paramount and consequently we`re seeing retailers such as supermarkets making it easier to buy everything from puddings to presents under one roof or website."

According to comScore, shoppers in the US and the UK have so far spent a combined $18 billion (£8.79 billion) on festive gifts online.

More than 4 million fear they`ll be made redundant 16/12/2010 - According to R3`s quarterly personal debt tracker, more than 4 Consumers took on more mortgage debt in July 26/08/2010 - Consumers took on £2bn more mortgage debt than they repaid Debts called in by parents 26/08/2010 - According to research, `the bank of Mum and Dad` is Teenagers `scared of debt` 19/08/2010 - Nearly two thirds of teenagers are `scared` of debt, according