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Average Christmas spend in Wales is almost £600

Today is the last full shopping day before Christmas, and it's also the busiest.

Figures show people in Wales plan to spend almost £600 on Christmas this year.

But around a third of us are worried about how we will afford it.

And three in ten of us will turn to credit cards to fund the festive season.

Our Business Correspondent Carole Green has been taking a look at this year's Christmas spend.

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Busiest shopping day of the year expected for Welsh high streets

Today is likely to be the busiest shopping day for retailers, with consumers predicted to spend £1.3 billion on UK high streets.

That's according to Visa Europe who say shoppers are expected to spend nearly £1 million per minute.

Shoppers are expected to spend nearly £1 million a minute across the UK Credit: PA

Thousands of people are expected to descend upon Welsh city centres in a dash to grab last minute Christmas presents.

Money advice experts also say people are spending more this Christmas than ever before with the average person spending £584.

But there are concerns that many people risk falling into debt because of splashing too much cash during the festive months.

Figures from The Money Advice service show:

  • 34% are worried about how they will afford Christmas
  • 30% will turn to credit cards to fund their shopping
  • 3% will take out a pay day loan to cover the costs of Christmas

Whilst some people are spending more this Christmas, others are still struggling to make ends meet and are becoming more dependent on foodbanks.

That's the warning from foodbanks who say this time of year can be difficult with many families relying on centres for help with their groceries.

Airbus hands over first A350 XWB airliner

Airbus has handed over its first A350 airliner, the first of a new generation of wide-bodied planes.

The Airbus factory at Broughton, Flintshire was involved in making the wings.

Powered by Rolls-Royce engines, the Airbus A350 XWB (extra wide-bodied) was handed over today to Middle East carrier Qatar Airways.

An Airbus A350 XWB in flight

The aircraft's wings and fuselage are made from carbon fibre.

Airbus claims the design sets "new standards in terms of passenger comfort, operational efficiency and cost-effectiveness".

Welsh Secretary supports income tax referendum

The people of Wales should get a referendum on devolving further income tax raising powers - that's according to the Welsh Secretary Stephen Crabb. He says the Scots got the option, and so should we.

"The people of Scotland had that specific question put to them they were able to answer it. So I still think that the people of Wales deserve to be asked that and they should be the ones dictating the pace of devolution not any politicians."

– Stephen Crabb MP, Welsh Secretary
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