Consumers buy more savings stamps

Sales of savings stamps have increased this year, suggesting that consumers are reverting to old-fashioned ways of spreading the cost of Christmas, according to a new report.

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The Co-op says sales of savings stamps have increased by 40 per cent this year

Sales of savings stamps have increased this year, suggesting that consumers are reverting to old-fashioned ways of spreading the cost of Christmas, according to a new report.

The Co-operative Food said it had seen a 40% increase in savings stamps sales this year.

The company said the return to savings stamps, which were commonplace in the 1960s, showed that consumers are again feeling the financial strain.