Black Friday 2018: Brits expected to spend £10bn

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Black Friday 2018: Brits expected to spend £10bn Posted On 23 November 2018

Brits up and down the country are spending the day trawling through online shops and the high Street looking for great Black Friday bargains

Originating from the US, Black Friday now extends into a weekend-long shopping event, thanks to ‘Cyber Monday’” (26th November). According to the Daily Mail, people in Britain are expected to spend £13.4million per minute over this Cyber weekend as online and High Street stores slash their prices.

Many stores began their Black Friday deals as early as last week, with their deals now becoming a 10-day affair.

For those looking to find a great deal for either a loved one’s Christmas present, or just to treat yourself, Amazon is the go-to website for savings and offer ‘Lightning Deals’ throughout the day, which are items for sale at a majorly reduced price for only a short period time.

Major retailer, Argos, provide savings on a range of items including entertainment and electricals every year, whilst Curry’s are offering savings on items such as TV’s, Laptops and Tablets.

For beauty lover, Boots are always a big player during Black Friday weekend sales, with huge deals on a range of fragrances, make-up and hair accessories.

Top Shop, Debenhams, Marks & Spencer, Tesco and hundred’s of other retailers and supermarkets are advertising big discounts too.

Traditionally, Black Friday follows the day after Thanksgiving in the US and is seen as the first weekend of shopping before Christmas and the surge of shoppers encourage retailers to slash their prices; however, many experts have warned that deals may not be all that they seem.

Watchdogs have revealed that discounts which are advertised over Black Friday can sometimes be found cheaper elsewhere or even during other times of the year – and have recommended using price comparison sites.

During his ITV show earlier in the week, Martin Lewis said: “Black Friday has become the big pre-Christmas discount bonanza. Yet the most important thing to remember is it’s only a saving if you were going to buy anyway. If stores tweak your spending, and make you buy unplanned things, it’s a loss.

“Before you buy anything, ask yourself: ‘Do I need it, is it worth it, have I checked whether it’s cheaper elsewhere?’ If the answer to any of those is no, don’t buy it. And even if it’s yes, ensure you can afford it.”