<div id="readability-page-1">British shoppers are expected to stay away from the Boxing Day sales as Rachel Reeves’s tax raid hits consumer confidence. Spending during the festive sales period is forecast to drop by £1bn to £3.6bn this year, according to Barclays. The decline is driven by falling appetite among shoppers, with only 26pc planning to take part in the Boxing Day s...</div>

BARC

<p>British shoppers are expected to avoid Boxing Day sales due to tax increases impacting consumer confidence. Barclays forecasts a £1bn drop in festive sales to £3.6bn, with only 26% planning to participate.</p>

Shoppers expected to shun Boxing Day sales after tax rises