In the lead up to Christmas, many people’s minds jump straight to shopping. Decorating, mealtimes, gifts – the average UK household spends an extra £800 in the leadup to Christmas, providing a much-needed boost to the economy. This year especially, Christmas spending is sorely needed by many businesses, especially smaller ones. Almost 2/3 of small businesses in the UK report that the very existence of their business is under threat due to a slump in trade this year, putting 16.6 million jobs at risk. Small businesses contribute 52% of the £2.2tn turnover generated by the private sector and employ 60% of all private sector workers, so a threat to small businesses is a threat to our economy and countless communities too.
It’s always important to support small and local businesses, and this year Christmas is a great opportunity to put your money where your mouth is. Many of these businesses are also more sustainable, meaning that your presents can have a small impact on the planet, while having a large impact on local communities.
As you can see, there are so many ways to support local and small businesses this Christmas. When you buy from them, you make an individual very happy, and when you buy a gift for someone else, you’re spreading that joy even further! What are your top tips for supporting small and local businesses? Are you shopping local this Christmas?