Shoppers 'spend over £2.7bn on Boxing Day'

Shoppers spent over £2.7 billion in stores and online ion Boxing Day, according to the Daily Telegraph.

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Report: UK shoppers spend over £2.7bn on Boxing Day

Fears of a slump in the holiday season proved to be unfounded as Boxing Day sales gave a boost to British retailers, The Telegraph reported.

According to the newspaper, shoppers spent over £2.7 billion in stores and online retailers all over the UK.

Security hold back shoppers in the Boxing Day sales at the Highcross Shopping Centre, Leicester. Credit: PA

Analysts have forecasted that shoppers would most likely spend £2.97 billion by Friday both in brick-and-mortar stores and online.

If the prediction comes true, the total will beat last year's figure of £2.8 billion, the report said citing data from the British Retail Consortium and the Centre for Retail Research.

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