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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.

Over £30 million to be invested into deprived parts of Wales

Over £30 million is to be invested into some of Wales' most deprived areas.

The Welsh Government announced the funding will be given to its Communities First programme which will help 52 areas across the country.

52 areas around Wales are to benefit from the funding Credit: PA

The £31.7 million will support the most vulnerable by combating poverty and promoting education, health and economic prosperity.

Areas across Wales will benefit from the funding between April 2015 and March 2016

Providing £31.7 million for our Communities First programme during a time of unprecedented budget cuts shows the Welsh Government is committed to supporting our most vulnerable communities and narrowing the economic, education and health gaps between our most deprived and affluent areas. Far too many people’s lives are affected by poverty. Too many families have nobody working and cannot afford basic essentials such as heating their home during this cold weather. Addressing this issue is a priority for me and the Government as a whole.

– Lesley Griffiths, Minister for Communities and Tackling Poverty

The breakdown of funding is as follows:

  • Anglesey County Council - £662,200
  • Bridgend County Borough Council - £1,738,317
  • Caerphilly County Borough Council - £2,902,016
  • City of Cardiff Council - £2,984,094
  • Carmarthenshire County Council - £580,007
  • City and County of Swansea - £2,844,812
  • Conwy County Borough Council - £580,381
  • Flintshire County Council - £676,315
  • Gwynedd County Council - £576,675
  • Merthyr Tydfil County Borough Council - £1,888,535
  • Neath Port Talbot County Borough Council - £1,729,229
  • Newport City Council - £2,391,530
  • NSA Afan - £526,800
  • Rhondda Cynon Taf County Borough Council - £4,850,025
  • The Co-operative Group - £2,584,539
  • Torfaen County Borough Council - £1,302,452
  • Vale of Glamorgan Council - £580,922
  • Wrexham County Borough Council - £1,252,447

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