FT News Briefing Claer Barrett on spending wisely during the holidays
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Dec 19, 2025 
Claer Barrett, the Financial Times’ consumer editor, dives into the financial strains of the holiday season. She explores how rising inflation, stagnant wages, and job uncertainties leave many feeling financially pressured. Claer shares clever strategies like Secret Santa and prioritizing experiences over material gifts. She also highlights the financial challenges faced by younger generations, urges donations despite tighter budgets, and recommends setting flexible financial intentions for the new year.
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Holidays Amplify Existing Economic Strains
- The holiday season often increases spending on gifts, food and travel, putting pressure on budgets.
- Claer Barrett links this strain to broader economic headwinds like inflation and rising unemployment.
Family Secret Santa And Shared Cooking
- Jason from London describes switching to a family Secret Santa with a £75 limit to save money and reduce waste.
- He also mentioned cooking in an Airbnb to cut costs while keeping celebrations similar.
Wage Slowdown And Job Fears Intensify Caution
- Economic worry combines with slower wage growth and embedded inflation to squeeze households.
- Claer Barrett highlights rising unemployment and AI job fears as drivers of consumer caution.