Halifax: It's tipping it down this Christmas
People working in the service sector can breathe a sigh of relief as the credit crunch will not impact on the tips they receive this Christmas, according to a new study.
Carried out by Halifax, the research indicates the majority of bin men, window cleaners and paper deliverers will receive the same amount as they did last year, with 80 per cent of tippers stating they will give as much as they did in 2007.
Meanwhile, 17 per cent say they will give more than they have done in previous years.
However, it could well be luck of the draw for such service providers in the east midlands, as the region has the highest percentage of both people who intend to tip more (24 per cent) and those who plan to tip less (seven per cent) in comparison to the rest of the UK.
Ken Stannard, head of Halifax savings, comments: "Our research shows that a large number of people like to receive money at Christmas time."
Meanwhile, Donald MacLeod, head of Sainsbury's credit cards, recently suggested an increase in the number of sales as Christmas approaches has resulted in a rise in consumer spending.
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