It's an expensive month, but payday isn't quite as far away as you think - here are the key money moments this month, plus a few dates to be aware of.
These will show us the latest unemployment rate, and give an idea of how the UK economy is doing. In December, the unemployment rate rose to 3.6% from 3.5% as the number of people in employment fell by 52,000.These figures will show how much everyday essentials have increased - when inflation is high, it means the cost of living has increased. Food inflation reached 12.4% in the year up to November. These figures will tell us if things are getting worse.
These figures will show whether the economy has grown or shrunk - earlier this month the ONS said the UK had shrunk by 0.2% in the three months to September. Successive quarters of negative growth are what we call a recession.If you are hyper-organised and looking to stock up for next year, the Boxing Day sales can be a great way to keep presents cheap. But, if you are struggling for cash avoid the temptation and skip these entirely - remember, no deal is ever so good it won't be seen again.
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